Maybank IB revises upward current account surplus projection

KUALA LUMPUR: Maybank Investment Bank Bhd (Maybank IB) has revised its projection on Malaysia’s 2022 current account surplus to RM34 billion, or 2.0 per cent of gross domestic product (GDP), from RM22.5 billion, 1.3 per cent of GDP, previously.

In 2021, the current account surplus totalled RM58.7 billion, or 3.8 per cent of GDP.