KUALA LUMPUR – Based on the latest Regional Economic Outlook: Asia and Pacific report, the International Monetary Fund (IMF) has projected a 4.5% for 2017 and to 4.7% in 2018 economy growth for Malaysia.
IMF said, the growth is driven by the domestic demand and exports improvement.
The Malaysia’s labour market improvement and 2017 fiscal measures would also be able to support higher private consumption.
According to the Central Bank of Malaysia, the national gross domestic product (GDP) is estimated between 4.3% and 4.8%. – MalaysiaGazette