Malaysia: 2023 Article IV Consultation-Press Release and Staff Report

Malaysia: 2023 Article IV Consultation-Press Release and Staff Report
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Volume/Issue: Volume 2023 Issue 185
Publication date: June 2023
ISBN: 9798400243820
$20.00
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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Inflation , Money and Monetary Policy , Public Finance , Business and Economics - Statistics , International - Economics , inflation expectation , PPI weight , balance of payments position , coverage ratio , Malaysia's obligation , asset forfeiture regime , Inflation , Global

Also of interest
Peru
Grenada
Nepal
Peru
Summary

Malaysia registered a strong economic recovery in 2022, backed by its well diversified economy, sound policy frameworks, and commodity exporter status. While monetary policy started a gradual post-pandemic normalization, record costly spending on fuel subsidies broadly kept inflationary pressures suppressed in 2022. Meanwhile, the new national unity government has signaled its commitment to the reform priorities outlined in the Twelfth Malaysia Plan (12MP) and the 2023 Budget to propel the economy toward net-zero greenhouse gas emissions and high-income status.

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