PETALING JAYA: There is only a 50% chance of the government achieving its economic growth target of 4.7% this year, an economist cautions, as Malaysia faces further slowdown in exports and a challenging domestic environment.
The economy must expand by 5% in the fourth quarter of 2019 for the full-year growth to hit 4.7%. However, AmBank Group chief economist Anthony Dass only forecasts a 4.2% growth for the October-December 2019 period.
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