Khairy: Malaysia is ‘the fastest growing economy in Asean’, political stability is crucial

Barisan Nasional Candidate for SG Buloh and Performing Minister of Well being Khairy Jamaluddin at Yosin Game, KG Subang on November 13, 2022. — Photograph through Miera Zulyana

Sunday 13 November 2022 15:44 GMT

KUALA LUMPUR, November 13 – Malaysia’s financial enlargement is the quickest a number of the six ASEAN nations within the 0.33 quarter and likewise within the first 9 months of this yr, and the rustic is “development resilience to deal with sturdy world headwinds,” performing well being minister Khairy Jamaluddin mentioned. .

“Facilitated through decisive motion within the transition to endemicity, we’re development resilience to stand sturdy world headwinds,” he mentioned in his newest Twitter put up.

“Political balance is the most important forward of the November 19 elections,” he added.

Mentioning information from quite a lot of ASEAN assets, he famous Malaysia’s stellar 14.2% enlargement in gross home product within the 0.33 quarter (Q3).

Malaysia’s nine-month moderate GDP enlargement of nine.36% was once additionally the easiest within the area, forward of second-place Vietnam at eight.eight%, in line with the chart he utilized in the similar put up on Twitter.

Vietnam’s GDP grew 13.67% within the 0.33 quarter, adopted through the Philippines (7.6%), Indonesia (five.72%) and Singapore (four.four%).

Thailand has but to announce its third-quarter financial efficiency.

In the second one quarter (Q2), Malaysia’s economic system grew through eight.nine%, additionally the easiest a number of the six ASEAN nations.

Vietnam recorded a 7.72% growth in the second one quarter, adopted through the Philippines (7.five%), Indonesia (five.44%), Singapore (four.four%) and Thailand (2 .five%).

the regimes will vote within the 15th common election (GE15) on November 19. — Bernama