Malaysia, Hitting The Right Notes Economically

Chong Yew Keat, Senior Economist, Macroeconomics, Trade and Investment, World Bank

10-Oct-24 07:45

Malaysia, Hitting The Right Notes Economically

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The World Bank has raised its forecast for Malaysia's economic growth for 2024 to 4.9%, up 0.6 percentage points from its previous forecast of 4.3% in April 2024, due to the stronger-than-anticipated performance in the first half of the year that reflected robust growth in consumption, investment, and trade activity. However what are the essential reforms that we must take to ensure long term, sustainable growth? Chong Yew Keat, Senior Economist, Macroeconomics, Trade and Investment, World Bank tells us.

Image Credit: Shutterstock.com

Produced by: Tun Hizami Hashim

Presented by: Wong Shou Ning, Philip See, Shazana Mokhtar

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Categories: economy

Tags: malaysia, economy, world bank,

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