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Mahathir revives high-profile council to boost growth

Malaysia's GDP accelerates for first time in 5 quarters

KUALA LUMPUR -- Malaysia's economy expanded 4.7% on an annual basis in the final quarter of 2018, ending the quarterly falls that began a year ago, as private spending resumed after the historic change of government last May.

But the government led by Prime Minister Mahathir Mohamad remained cautious about the growth outlook, partly due to uncertainties surrounding the ongoing trade war between China and the U.S. It recently set up a high-profile committee to tackle economic issues, including the high cost of living.

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