BUSINESS

Malaysia Remains Optimistic On 2026 Growth Outlook - Akmal Nasrullah

20/04/2026 02:39 PM

PUTRAJAYA, April 20 (Bernama) -- Malaysia remains optimistic on 2026's growth outlook despite uncertain geopolitics issues, said Economy Minister Akmal Nasrullah Mohd Nasir.

He said Malaysia's 2026 economic outlook appears to be more resilient compared to some other countries. 

"I think we started from a very good year in 2025, and it continued into the first quarter of 2026. So in terms of growth, it indicates that economic activities continue to grow.

“Geopolitical issues have affected our economy, from the aspect of outlook we want to remain positive for 2026 but also we need to be cautious although we do have the resilience. 

"For Malaysia we do have better resilience compared to other countries but at the same time if we are too complacent with what we have, that may affect whatever we have already built," he told the media after the Economy Ministry Monthly Assembly here today.

On inflation, he said although there is a slight increase whereby the latest data showed inflation edged up slightly from 1.4 per cent in February to 1.7 per cent in March, the situation is under control compared with other countries.

“In terms of inflation, we have to look at the basket or the things that are taken into account and the policies that the government is adopting show that they (the policies) eased inflation for March compared to other countries, but that is not something for us to be proud of. In fact, we know the impact is no longer just on fuel supply.

"The government is also building a buffer. For example if there is an incentive for farmers to start their planting process to some extent to ensure that planting can continue.

"But also the impact of this inflation may be a little lagging because we still have strength in terms of inventory and other things," he said. 

While current inventory levels and existing measures may delay the full impact of inflation, Akmal Nasrullah said that sustained increases in input costs, whether due to higher prices or supply constraints, will eventually have wider economic implications.

-- BERNAMA

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