World Bank lowers Malaysia’s GDP growth to 4.7% | TheStarTV.com

World Bank lowers Malaysia’s GDP growth to 4.7%

Published on 18 Dec 2018 4:55:17 PM

World Bank has slashed Malaysia’s 2018 economic growth projection for the second time this year, bringing the forecast slightly lower than the Finance Ministry’s official guidance of 4.8%.

The government’s declining expenditure as well as lower public and private investments have led the World Bank to lower gross domestic product (GDP) forecast to 4.7%, down from 4.9% as stated in October this year.

Read more at: https://www.thestar.com.my/business/business-news/2018/12/18/word-bank-lowers-malaysia-gdp-growth-again-to-4pt7pct/

Keywords
finance ministry, financial, gdp, gdp slash, gross domestic product, malaysia, world bank

World Bank has slashed Malaysia’s 2018 economic growth projection for the second time this year, bringing the forecast slightly lower than the Finance Ministry’s official guidance of 4.8%.

The government’s declining expenditure as well as lower public and private investments have led the World Bank to lower gross domestic product (GDP) forecast to 4.7%, down from 4.9% as stated in October this year.

Read more at: https://www.thestar.com.my/business/business-news/2018/12/18/word-bank-lowers-malaysia-gdp-growth-again-to-4pt7pct/

Keywords:
finance ministry, financial, gdp, gdp slash, gross domestic product, malaysia, world bank

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