Economy on stable footing

Towards prosperity: The Pan Borneo Highway can help drive the creation of employment and economic growth.

EARLIER this week, Bank Negara published its annual economic and monetary review 2022 and the financial stability review for the second half of financial year 2022 report.

Global gross domestic product (GDP) is likely to enter a soft patch later in 2023 as impact from cumulative interest rate hikes in major economies which came at a very steep pace to take its toll.

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