Malaysia: Recent Economic Developments

February 5, 1998

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Malaysia: Recent Economic Developments, (USA: International Monetary Fund, 1998) accessed November 23, 2024

Summary

This paper highlights that growth in Malaysia accelerated in 1994–95, underpinned by strong domestic and external demand. Exports of goods and services accelerated in 1994, owing to strong overseas demand and expanded production capacity, particularly in the electronics and electrical products industries. Private fixed capital formation grew by more than 25 percent per year (in real terms), in response to lower corporate tax rates, an increase in the reinvestment allowance, the decline in interest rates during 1994 and early 1995, and strong demand.

Subject: Banking, Commercial banks, Economic sectors, Expenditure, Exports, Financial institutions, Imports, International trade, Public sector

Keywords: Capital account, Commercial banks, CR, Debt service, Exchange rate, Exports, Financial institution, Foreign direct investment, Global, Imports, ISCR, Long-term debt, Monetary policy, Net lending, Private sector, Public sector, Retained earnings, Short-term debt, U.S. dollar

Publication Details

Pages:

81
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1998/009
Stock No:

1MYSEA0011998
ISBN:

9781451828245
ISSN:

1934-7685

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