KUALA LUMPUR, April 17 — Malaysia is not only focused on economic growth but is also actively strengthening a more resilient and diversified economic foundation to navigate global uncertainties, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

He noted that this approach aligns with the government’s ongoing efforts to enhance the country’s economic resilience while reducing dependence on external factors.

The statement follows the World Bank’s move last week to raise Malaysia’s growth forecast for 2026 to 4.4 per cent, up from an earlier projection of 4.1 per cent, despite a challenging global environment, including conflicts in West Asia.

Tengku Zafrul, who also serves as Chairman of the Malaysian Investment Development Authority (MIDA), said the revision reflects the country’s strong economic fundamentals but cautioned against complacency.

“When global oil prices rise, the impact is felt domestically through higher costs of goods. At the same time, global trade tensions could affect the country’s growth prospects,” he said in a post on his official Instagram account.

“Therefore, our focus is not merely on achieving growth, but on ensuring that the national economy becomes more resilient and diversified,” he added.

He emphasized that while the World Bank’s upward revision is a positive sign, Malaysia’s economic future will ultimately depend on the effective implementation of current policies and measures.