Investments and savings the key

KUALA LUMPUR: Malaysia’s stellar economic performance momentum, which is anticipated to start moderating this year, can be mitigated by a sustainable growth model centred on investments and savings, say economists.

Following its strongest annual economic growth in two decades for 2022, Centre for Market Education chief executive officer Carmelo Ferlito said a growth model based on consumption and government spending is dangerous in terms of inflation and debt.