Learning from experience

Williams anticipates the GDP to grow by a more modest 1.5% in 2023.

PETALING JAYA: Malaysia is well-positioned to manage global macroeconomic challenges as developed central banks continue to hike rates in the face of volatility and inflation.

Stable domestic demand, continued fiscal support and a pause in Bank Negara’s interest rate hike will help the domestic economy to remain relatively resilient despite signs of slowing growth in the developed countries, according to economists.