Malaysia in strong position to ride recovery, report says

Supportive economic policies, ample domestic savings, a diversified economy, and a resilient banking system will underpin Malaysia's recovery, says the Asean+3 Macroeconomic Research Office (AMRO) report.

KUALA LUMPUR: Malaysia is in a strong position to ride a vaccine-led global economic recovery once the domestic Covid-19 situation is under control, according to the Asean+3 Macroeconomic Research Office (AMRO).

“Increasing coverage of ongoing vaccination programmes globally bodes well for a broader pick-up in global demand andMalaysia’s external sector, ” it said in its just published annual consultation report on Malaysia on Tuesday