Malaysia: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Malaysia

March 7, 2018

Preview Citation

Format: Chicago

Malaysia: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Malaysia, (USA: International Monetary Fund, 2018) accessed November 21, 2024

Summary

This 2018 Article IV Consultation highlights that the Malaysian economy has shown resilience in recent years despite external shocks and has continued to perform well. Progress was made toward achieving high income status and improving inclusion. Median household income has risen further and the already-low national poverty ratio declined. Real GDP growth has surprised on the upside in 2017, and is estimated at 5.8 percent for the year, driven by domestic demand and robust exports. Growth is projected to start to decelerate from its 2017 peak, remaining above potential at 5.3 percent in 2018, and converging to its potential rate of close to 5 percent in the medium term.

Subject: External debt, Fiscal consolidation, Fiscal policy, Income, National accounts, Public debt

Keywords: Asia and Pacific, Committee statement, CR, Fiscal consolidation, Fund staff's baseline projection, Global, Headline inflation, Income, ISCR, Rate, Rate increase, Staff appraisal

Publication Details

Pages:

85
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2018/061
Stock No:

1MYSEA2018001
ISBN:

9781484345047
ISSN:

1934-7685

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