Malaysia economy: A monetary-fiscal policy mix likely in 2020 - MARC
The Malaysian economy grew by an inflation-adjusted 4.3% in 2019. According to Bank Negara Malaysia (BNM) which released the figures yesterday, growth in 4Q2019 slipped to 3.6% from 4.4% in the preceding quarter, its slowest quarterly growth since 2009. The weaker growth was partly attributed to a slowdown in the external sector whereby net trade subtracted 0.7 percentage point from overall growth. Of note was the lacklustre performance of public investments which continued to contract by 7.7%.
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