Malaysia's 2023 economic growth expected to moderate to 3.9% - World Bank

KUALA LUMPUR: Malaysia’s economic growth is expected to moderate to 3.9 per cent in 2023 from an earlier projection of 4.3 per cent in April this year amid a substantial deceleration of external demand, according to the World Bank today.

However, it said, domestic demand would continue to support Malaysia’s economic resilience this year while a limited fiscal space remained a key challenge for the economy.