Malaysia: 2023 Article IV Consultation-Press Release and Staff Report

June 1, 2023

Preview Citation

Format: Chicago

Malaysia: 2023 Article IV Consultation-Press Release and Staff Report, (USA: International Monetary Fund, 2023) accessed December 22, 2024

Summary

Malaysia registered a strong economic recovery in 2022, backed by its well diversified economy, sound policy frameworks, and commodity exporter status. While monetary policy started a gradual post-pandemic normalization, record costly spending on fuel subsidies broadly kept inflationary pressures suppressed in 2022. Meanwhile, the new national unity government has signaled its commitment to the reform priorities outlined in the Twelfth Malaysia Plan (12MP) and the 2023 Budget to propel the economy toward net-zero greenhouse gas emissions and high-income status.

Subject: External debt, Fiscal policy, Inflation, International organization, Monetary policy, Prices, Public debt, Revenue administration

Keywords: Asset forfeiture regime, Balance of payments position, Coverage ratio, Global, Inflation, Inflation expectation, Malaysia's obligation, PPI weight

Publication Details

Pages:

123
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2023/185
Stock No:

1MYSEA2023001
ISBN:

9798400243820
ISSN:

1934-7685

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