IMF forecasts Malaysia’s growth at 4.7% this year

The IMF welcomed the historic enactment of the FRA and called for its swift and thorough implementation.

KUALA LUMPUR: Malaysia’s strong growth momentum is expected to continue in the near term, with the economy projected to expand by 4.7% this year, according to the International Monetary Fund (IMF).

The IMF said favourable economic conditions would present an opportunity to strengthen macroeconomic policy buffers and accelerate structural reforms.