12 Feb 2019, Gergana Bencheva, EMIS Editor
Malaysia’s GDP growth to reach 4.9% in 2019
According to the research firm, Malaysia’s GDP will be supported by the resumption of production capacity in the mining sector and the planned goods and services tax and income tax refunds. The group also urged the country’s central bank to keep interest rates on hold in 2019.
Malaysia’s GDP growth for 2018 is expected to be 4.6% on the year, versus 5.9% in 2017. For the fourth quarter alone, the estimate stands at 4.4%, The Edge Financial Daily reported.
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