PETALING JAYA: Although there are growing signs that the world economy may slow down or even potentially fall into a recession from higher interest rates due to rising inflationary pressures next year, there are measures that the country can mobilise to cushion the impact on its economy.
Economic experts said the government has various policy tools and measures to ensure the domestic economy continues to register growth, albeit at a slower pace of about 3% to 4% in 2024 from the projected growth of between 4% and 5% this year.
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