{"id":213472,"date":"2023-03-06T14:51:40","date_gmt":"2023-03-06T06:51:40","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=213472"},"modified":"2023-03-06T14:51:41","modified_gmt":"2023-03-06T06:51:41","slug":"malaysia-will-not-experience-economic-downturn-in-2023-deputy-minister","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=213472","title":{"rendered":"Malaysia will not experience economic downturn in 2023 &#8212; deputy minister"},"content":{"rendered":"\n<p>KUALA LUMPUR, March 6\u00a0(NNN-Bernama) &#8212; Malaysia will not experience an economic downturn in 2023 despite global uncertainties, said Deputy Finance Minister Ahmad Maslan.<\/p>\n\n\n\n<p>He noted that for a technical economic recession to happen, there would have to be two consecutive quarters of contraction.<\/p>\n\n\n\n<p>The government has forecast this year\u2019s economic growth at 4.5 per cent, compared to last year\u2019s growth of 8.7 per cent.<\/p>\n\n\n\n<p>\u201cIn fact, the International Monetary Fund and World Bank have forecast Malaysia\u2019s 2023 economic growth to be at 4.4 and 4.0 per cent, respectively,\u201d he told the Parliament,&nbsp;Monday.<\/p>\n\n\n\n<p>Ahmad said the government will continue to prioritise economic growth and equitable development for the people as well as make Malaysia an attractive investment destination.<\/p>\n\n\n\n<p>\u201cThis includes simplifying the investment process and&nbsp;creating more innovative startups and job opportunities,\u201d he added.<\/p>\n\n\n\n<p>&#8212; NNN-BERNAMA<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR, March 6\u00a0(NNN-Bernama) &#8212; Malaysia will not experience an economic downturn in 2023 despite global uncertainties, said Deputy Finance Minister Ahmad Maslan. He noted that for a technical economic recession to happen, there would have to be two consecutive quarters of contraction. The government has forecast this year\u2019s economic growth at 4.5 per cent, [&hellip;]<\/p>\n","protected":false},"author":30,"featured_media":213489,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[215,288,300,318],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/213472"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=213472"}],"version-history":[{"count":1,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/213472\/revisions"}],"predecessor-version":[{"id":213490,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/213472\/revisions\/213490"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/213489"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=213472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=213472"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=213472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}