M'sia on track for 3-4pct GDP growth this year despite Omicron

Malaysia is on track to achieve the targeted gross domestic product (GDP) growth of three to four percent this year despite the emergence of the Omicron variant, said Finance Minister Tengku Zafrul Abdul Aziz.

“We are monitoring the situation closely, (but) we are still confident that we are on track to meet this year's GDP target of between three and four percent,” he said during an interview on CNBC’s Squawk Box Asia programme aired today.

Zafrul (above) was responding to a question on whether the Omicron variant would pose a further downside risk to the Malaysian economy.

The minister stressed that the government is committed to...