KUALA LUMPUR, April 17 (Bernama) — The International Monetary Fund (IMF) has revised the outlook for Malaysia’s real gross domestic product (GDP) by a notch to 4.4 per cent this year from its earlier prediction of 4.3 per cent.
Malaysia’s economy expanded by 3.7 per cent in 2023.
In its latest World Economic Outlook (WEO) entitled “Steady but slow, resilience amid divergence”, IMF predicted the GDP growth to remain at 4.4 per cent in 2025.
It projected Malaysia’s current account balance at 2.4 per cent in 2024 and 2.7 per cent in 2025.