The Malaysian Finance Minister Lim Guan Eng said that the country is likely to go through a health second quarter growth, that was indicated by the better than expected trade performance of the country in the month of April. In the statement that was issued , the finance minister said that Malaysia’s 4.4% year-on-year increase in the rate of imports to RM74.3bil in the month of April, beat the survey of Bloomberg and also beat the market expectations as it reflected growing domestic demand.

 

Now that there is already an influx of positive growth in the economy the country hopes that the ongoing trade war would come to an end eventually despite there being no winners or losers. The minister highlighted of a recent research report that has also ranked Malaysia of being the fourth biggest beneficiary of the trade diversion for the ongoing US-China trade war.

 

 

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