KUALA LUMPUR: MARC Ratings Bhd projects a firmer real gross domestic product (GDP) growth of 3.9 per cent year-on-year (y-o-y) in the first quarter of 2022 (Q1 2022) amid accelerating economic recovery, despite external headwinds.
In a research note today, MARC Ratings said it anticipates growth to strengthen further throughout the next two quarters, accentuated by favourable base effects, supportive fiscal policies, the reopening of international borders and the lifting of other pandemic-related restrictions.
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