In providing an assessment of Malaysia’s growth prospects, Bernama quoted the IMF as saying that Malaysia’s high vaccination rates and limited movement restrictions would also support economic expansion.
PETALING JAYA: The International Monetary Fund (IMF) is optimistic that Malaysia’s economy will expand by 5.75% in 2022, driven by pent-up domestic demand and continued strong external demand.
This is in line with the government’s growth projection of between 5.3% and 6.3% for 2022. The economy expanded by 3.1% last year.
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