World Bank: M'sian 2023 economic growth expected to moderate at 3.9pct

Malaysia’s economic growth is expected to moderate to 3.9 percent in 2023 from an earlier projection of 4.3 percent in April this year amid a substantial deceleration of external demand, according to the World Bank today.

However, it said, domestic demand would continue to support Malaysia’s economic resilience this year while a limited fiscal space remained a key challenge for the economy.

“Growth for this year is actually...