Overall surplus for first-quarter jumps 57%


  • Business
  • Thursday, 01 Jul 2004

MALAYSIA’S overall balance of payments surplus for the three months to March rose 56.7% to RM24.6bil from RM15.7bil in the preceding quarter to December 2003. 

“The sharp improvement was attributed to a wider surplus in the current account and a positive reversal in the financial account,” MIDF Bhd senior economist Azrul Azwar said. 

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