Malaysian economy on track.

THE Malaysian economy appears to be on track to achieve above trend growth this year assuming that the Covid-19 can be contained and there is freer human mobility, hence, the GDP growth expected to be more than 5 percent in 2022.

Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid foresees GDP in 2022 to reach 5.5 percent.

"As for exports and imports for the whole year, the trend will continue to be favourable, but given the high base factor last year especially beginning February 2021, growth should start to normalise commencing next month.

"For 2022, we are projecting total exports and imports to grow by 10 percent and 12 percent respectively," he told The Malaysian Reserve.

Malaysia's trade...