Malaysia's central bank, Bank Negara Malaysia (BNM), calls for accelerated structural reforms as the economy is projected to improve in 2024.
Malaysia's central bank, Bank Negara Malaysia (BNM), calls for accelerated structural reforms as the economy is projected to improve in 2024, with exports expected to rise 5% after an 8% contraction in 2023. The central bank maintains its 2024 growth forecast at between 4% and 5% and highlights the need for necessary reforms and investments in decarbonisation and high-value industries to better support Malaysia's economy and the ringgit.
March 20, 2024
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