M'sian economy to moderate in 2023 amid global uncertainty

The Malaysian economy is anticipated to start moderating due to the effects of global economic instability in the months ahead in 2023, said the Department of Statistics (DOSM) today.

Citing the Economic Outlook 2023 by the Finance Ministry, chief statistician Mohd Uzir Mahidin said the Malaysian economy is forecast to moderate between 4 percent and 5 percent in 2023, in line with the International Monetary Fund’s (IMF) global forecast.

In its World Economic Outlook report for...