{
  "id": 17039436,
  "title": "Amir Hamzah: Malaysia confident of exceeding 5pc GDP growth in 2026 as strong economy benefits the people",
  "url": "https://urgent.news/2026/10/29/amir-hamzah-malaysia-confident-of-exceeding-5pc-gdp-growth-in-2026-as",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-29T09:18:25.000Z",
  "source": {
    "name": "Malay Mail",
    "slug": "malay-mail-malaymail",
    "url": "https://www.malaymail.com/news/malaysia/2026/10/29/amir-hamzah-malaysia-confident-of-exceeding-5pc-gdp-growth-in-2026-as-strong-economy-benefits-the-people/241152"
  },
  "original_language": "en",
  "account": "The Malaysian government expressed confidence that the economy will surpass a 5% growth rate in 2026, marking the third consecutive year of growth above 5.0% under the Madani Government. Finance Minister II, Amir Hamzah Azizan, highlighted that the GDP expanded by 6.0% in the second quarter of 2026, projecting overall growth for the year between 4.8 and 5.3%. The Department of Statistics Malaysia (DOSM) estimated a 5.3% growth in the third quarter of 2026, driven by strong performances across all sectors, except mining and quarrying. Cumulatively, the economy grew by 5.5% in the first three quarters of 2026, outpacing the 4.8% growth recorded in the same period of 2025. Amir Hamzah projected growth for 2027 to be between 4.2 and 5.2%, with a low unemployment rate of 2.9% in August. The country's resilience is evident through the highest levels of approved investments and trade, and an improved competitiveness ranking. The Madani Economy framework aims to develop high-value sectors, harness technology, create better jobs, and bolster the nation's well-being, all while maintaining good governance, unity, and preservation of national treasures.",
  "summary": "KUALA LUMPUR, Oct 29 — The government is confident that economic growth will exceed 5.0 per cent this year, markin...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Vietnam Investment Review",
        "title": "YYForce targets 100 per cent Malaysia revenue growth to 20 million dollars",
        "url": "https://urgent.news/2026/10/29/yyforce-targets-100-per-cent-malaysia-revenue-growth-to-20-million",
        "published": "2026-10-29T07:41:23.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}