The World Bank has maintained its 2024 economic growth outlook for Malaysia at 4.3% in its East Asia and Pacific Economic Update for April, on expectation of a likely recovery in global growth and the easing of restrictive financial conditions.
Malaysia is maintaining its 2023 gross domestic product (GDP) growth forecast of 4-5%, according to Deputy Finance Minister I, Datuk Seri Ahmad Maslan.
World Bank lead economist Apurva Sanghi said Malaysia’s revenue as a share of the gross domestic product (GDP) has been declining, with tax revenue being well below 12% of GDP.
KUALA LUMPUR – A Malaysian doctor has gone missing after being swept away by the fast-flowing currents of the Alaknanda River in the Himalayas while attempting to rescue his father.
The incident occurred...
