Malaysia: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Authorities of Malaysia

April 28, 2017

Preview Citation

Format: Chicago

Malaysia: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Authorities of Malaysia, (USA: International Monetary Fund, 2017) accessed December 24, 2024

Summary

This 2017 Article IV Consultation highlights the Malaysian economy’s good performance over the past few years in a challenging global economic environment. Despite the impact of global commodity price and financial market volatility, the economy remained resilient, thanks to a diversified production and export base, strong balance sheet positions, a flexible exchange rate, responsive macroeconomic policies, and deep financial markets. Although real GDP growth slowed, Malaysia is still among the fastest-growing economies among its peers. Real GDP growth is expected to increase moderately to 4.5 percent year over year in 2017 from 4.2 percent in 2016. Domestic demand, led by private consumption, continues to be the main driver of growth.

Subject: Expenditure, External debt, Financial institutions, Fiscal policy, Loans, Public debt

Keywords: Asia and Pacific, Asset forfeiture regime, CR, Debt, Economy, Federal budget, Financial market condition, Financial markets volatility, Global, Household debt, ISCR, Loans, Market, Market adjustment, Money market rate, Short-term debt, U.S. dollar

Publication Details

Pages:

90
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2017/101
Stock No:

1MYSEA2017001
ISBN:

9781475596656
ISSN:

1934-7685

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