World Bank lowers Malaysia’s GDP growth to 4.7%

The Star 2018-12-18

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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/

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