Malaysia c.bank maintains 2023 growth forecast amid global slowdown


KUALA LUMPUR: Malaysia's central bank on Wednesday maintained its economic growth forecast for 2023 at 4% to 5%, saying that improved domestic conditions will likely offset risks stemming from a global slowdown and persistent inflation.

The Southeast Asian country's economy has bounced back strongly from a pandemic slump, expanding at a 22-year high of 8.7% in 2022, but its outlook for this year has been clouded by cooling global demand.

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Bank Negara , GDP , forecast , annual report , inflation , outlook

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