RAM Ratings: Malaysia's GDP to slow to 5.0pct in 2023

BernamaPublished: Dec 15, 2022 1:46 AM

RAM Ratings projected Malaysia’s gross domestic product (GDP) growth to slow to between four and five percent in 2023 from an estimated 8.2 percent in 2022.

The rating agency said the global economic slowdown is anticipated to dampen Malaysia’s exports while the still notable price pressures and tighter monetary conditions might impact domestic consumption...

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