Malaysia's real GDP to improve to 4.5% in 2024 on resilient domestic demand - Moody's Ratings


KUALA LUMPUR: Credit ratings agency Moody’s Ratings expects Malaysia's real gross domestic product (GDP) growth to improve to 4.5 per cent in 2024 from 3.7 per cent in 2023.

This reflects resilient domestic demand in the face of a challenging global environment and risks to the agricultural sector and inflation posed by El Nino, it said.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Moody’s , GDP , Banks ,  Monetary policy , Inflation , El Nino

Next In Business News

Light at the end of the tunnel
Understanding the warrant of distress
Are convention halls still good investments?
Ringgit likely to trade cautiously between RM4.09 and RM4.11 vs US dollar next week
Strong momentum seen for Vietnam equities
Asset managers in risk-on mode
Rising DRAM prices may hit consumers
Asia-Pacific ratings hold firm
HK’s lure for key IPO investors
Fewer stocks spur IPO hunt

Others Also Read