IMF sees Malaysia growing 4.7% in 2025, urges sustained fiscal consolidation

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KUALA LUMPUR: Malaysia's strong growth momentum is expected to continue in the near term, with the economy projected to expand by 4.7 per cent this year, the International Monetary Fund (IMF) said.

The IMF noted that systemic financial risks appear contained and that the financial sector remains sound.

"Malaysia’s external position in 2024 is preliminarily assessed to be stronger than the level implied by medium-term fundamentals and desirable policies.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaItaly

Topics: Monetary policy IMF Fiscal consolidation Economy Growth Consultation paper /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-04 @ 09:46:00 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 397 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 26652894

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