Malaysia: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Malaysia

March 17, 2021

Preview Citation

Format: Chicago

Malaysia: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Malaysia, (USA: International Monetary Fund, 2021) accessed November 21, 2024

Summary

Malaysia entered the pandemic from a robust economic position but has nonetheless been significantly affected. A synchronous fiscal, monetary and financial policy response has helped cushion the economic impact. As a result, after a deep recession in 2020, and assuming the pandemic is brought under control in Malaysia and globally, growth would rebound to 6.5 percent in 2021 as supply side constraints are lifted and domestic and external demand recover. Large downside risks will remain.

Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), COVID-19, External debt, Fiscal policy, Public debt

Keywords: CR, Headline inflation, ISCR, Malaysian authorities, Money market rate, Open economy, Procurement rule, Short-term debt

Publication Details

Pages:

101
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2021/053
Stock No:

1MYSEA2021001
ISBN:

9781513574202
ISSN:

1934-7685

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