THE government is optimistic that the economy in the third quarter of this year will show stronger growth based on current positive economic indicators. 

Finance Minister Tengku Zafrul Abdul Aziz said economic growth is in line with the unemployment rate, which was at 3.7% in July, compared with 3.8% previously. 

He said the rate is better than that during the pandemic – 5.3% in May 2020. 

“This shows a good trend, in line with economic growth, which is still showing positive growth.

“The gross domestic product in the second quarter of 2022 showed excellent growth compared with the previous projection of 8.9%,” he told the media after launching Karnival Gegar Kerjaya 2022 in Kuala Selangor today. 

Tengku Zafrul said for the presentation of Budget 2023 on October 7, Putrajaya will focus on four main issues – the people, business, economy, and government. 

“We want 2023 to be the year where we implement reforms… For the global economy in 2023, which is expected to be more challenging, our country should be more prepared to take the right steps as the economic forecast for the next year depends on the global economic situation,” he said. – Bernama, September 10, 2022.