Malaysia's economy is expected to score a positive growth in the third quarter of 2009 buoyed by the government's fiscal stimulus packages, said Malaysian Prime Minister.
The outlook for the Malaysian economy to chalk up positive growth in the third quarter has brightened, New Straits Times reported on Wednesday, by quoting Prime Minister Najib Zarak's address at Tuesday's Kuala Lumpur Islamic Finance forum as saying.
The outlook beats the Malaysian government's early expectation that the positive economic growth could only be seen in the final quarter of the year.
Najib attributed the improvement of the economy to the government's 67 billion ringgit (some 19 billion U.S. dollars) worth of fiscal stimulus packages.
Najib noted that these stimulus packages have helped the economy through a global recession and generated much-needed economic activity to make up for a slowdown in private sector demand.
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