KUALA LUMPUR: Malaysia's economy has recovered to pre-crisis levels, says Deputy Finance Minister Steven Sim.
According to Sim, Malaysia's economic growth hit 5.6% in the first quarter of 2023 as it surpassed a few of its regional neighbours.
On the supply side, commendable expansion was recorded across sectors with the services sector and manufacturing sector recording a 7.3% and 3.2% growth respectively, he added. "As such, now is not the time for GST as many are still recovering financially themselves from the multiple crises," he said.
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