MIER expects Malaysia's balance of payments to improve

According to the Malaysian Institute of Economic Research (MIER), the net current account balance (NCAB) of BOP has also improved, registering a surplus of RM26.7 billion in the first half of 2021 (1H 2021).

KUALA LUMPUR: The overall position of Malaysia’s balance of payments (BOP) is likely to improve, registering a surplus again with an expected strong recovery in the global economy this year and contributing to an accumulation of international reserves.

According to the Malaysian Institute of Economic Research (MIER), the net current account balance (NCAB) of BOP has also improved, registering a surplus of RM26.7 billion in the first half of 2021 (1H 2021).