Malaysian Economy Not Affected By Eurozone Crisis, Says Second Finance Minister

KUALA LUMPUR, Dec 13 (Bernama) -- The eurozone debt crisis has not affected the Malaysian economy, said Second Finance Minister, Ahmad Husni Hanadzlah. He said the country was on track to achieve next year's economic growth target of between five and six per cent despite the global economic uncertainty. "In terms of our position, we are now focusing on domestic demand such as investment, which we are doing well currently. "What would affect us, if there is a global recession, is our exports -- our link to the world," he told reporters after the "Hadiah Sako 3 Bagi Novel Nasional" prize-giving ceremony and book launch here Tuesday. However, he hoped, that the EU governments would find a solution to end the eurozone crisis immediately. Ahmad Husni said for this year, Malaysia would be able to achieve the projected five per cent growth rate, given that a lot of the government projects had been kicked-off in the first half of this year. -- BERNAMA