KUALA LUMPUR: Malaysia is on track to achieve economic growth despite the challenges posed by ongoing geopolitical issues and external economic risks, said Prime Minister Datuk Seri Anwar Ibrahim.
He said the government is mindful of these issues and will continuously assess its impact from time to time.
"Now we are on track (to achieve economic growth), but we are also mindful of the geopolitical and also the external International impact on our economy. "We will try to assess this from time to time," he told reporters after the launch of Malaysia Commercialization (MCY) Summit 2024 here, today.
The Prime Minister was answering a question on whether external factors including the recent Japanese 7.1 magnitude earthquake and the ongoing Russia-Ukraine war would impact the Malaysian economy.
Malaysia has registered growth beyond expectations, with the country's gross domestic product (GDP) estimated to expand by 5.8 per cent in the second quarter of 2024.
Second quarter GDP figures are out on August 16, 2024.
Earlier, Anwar said the nation has broken through barriers and achieved results beyond normal expectations.
"This is outside the projections presented by all parties. I thank the people, professionals, and investors for their hard work. This will give us the opportunity to rise as a strong nation," he said.