World Bank pegs Malaysia GDP growth at 4.7%
World Bank says private consumption will be Malaysia’s main GDP driver in 2019. – The Malaysian Insight file pic, April 24, 2019
THE World Bank Group has maintained Malaysia’s 2019 gross domestic product growth forecast at 4.7%, driven by private consumption. Lead economist for Malaysia Richard Record said private consumption will continue to be the main driver of growth, albeit expanding at a more measured pace. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
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