Affin cuts GDP forecast to 4-4.5% amid US tariff concerns

Published on 10 Apr 2025 11:34:19 AM

Affin Bank Bhd had lowered its gross domestic product (GDP) projection on Malaysia to between 4% and 4.5% in 2025 after taking into account the negative implications, especially on the investment front, from the imposition of tariff by the US government.

The banks’ initial forecast of the country's GDP growth for this year was 5.2%.

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