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Malaysia's GDP records stronger Q3 growth

Reasonably robust expansion of 5% helps keep alive PM Najib's claim he can cut budget deficit to 4% of GDP this year

Published Fri, Nov 15, 2013 · 10:00 PM

Kuala Lumpur

MALAYSIA'S third quarter registered stronger growth of 5 per cent in real gross domestic product (GDP) terms, up from the 4.4 per cent registered in the previous quarter and roughly in line with government forecasts for the whole year.

Released by Malaysia's central bank yesterday, the figures revealed that the country grew by 4.53 per cent during the first nine months of the year, in line with the government's forecast of between 4.5 per cent and 5 per cent for the whole year.

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