Malaysia's Economic Outlook: Steady Rates and 5% Growth in 2024

Reported 30 days ago

Bank Negara Malaysia's deputy governor indicates that interest rates will remain unchanged through 2024, citing a resilient economy and manageable inflation projected at around 3%. The country's economy is expected to grow by 5% next year as Malaysia continues to differentiate itself from its Southeast Asian neighbors amid shifts in global monetary policy. Caution is advised due to potential price pressures linked to government subsidy changes.

Source: YAHOO

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