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Malaysia : Credit to the private sector
3.26.7 Credit to the private sector Growth % change, year on year 14_ 13- 12. 11- 10_ Jan Apr Jul Oct Jan Apr Jul Oct Jan 2012 2011 2013 Source: CEIC Data Company (accessed 4 April 2013). 3.26.7 Credit to the private sector Growth % change, year on year 14_ 13- 12. 11- 10_ Jan Apr Jul Oct Jan Apr Jul Oct Jan 2012 2011 2013 Source: CEIC Data Company (accessed 4 April 2013).
Malaysia : Credit to the private sector
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Investment, too, is expected to moderate this year. Private investment
is forecast to grow at a double-digit pace, but below last year’s 22.0%.
Large investments are planned for the oil and gas indu...
stry, for property
developments, and to expand services. Credit to the private sector
accelerated to 12.3% in January 2013 (Figure 3.26.7). As for public
investment, the government is pushing ahead with its Economic
Transformation Programme while also proposing to gradually rein in
its fiscal deficit. The result is expected to be somewhat slower growth in
public investment in the forecast period.
On the production side, solid growth in private consumption will
boost the service sector, assisted by investments being made in high-
speed broadband and wireless technologies, but the pace of growth is
expected to decelerate from 2012. Manufacturing will get a lift, mainly in
2014 when recovery gathers momentum in major industrial economies.
Production of natural gas and oil will increase this year as investment
to develop new fields and enhance recovery at existing oil fields pays
dividends. Agriculture is forecast to recover this year, but growth in
construction will subside from last year’s high rate.
Source: CEIC Data Company (accessed 4 April 2013). - http://www.ceicdata.com/countrydata?country=MY&dataset=Consumer%20Price%20Index%3A%20Y-o-Y%20Growth
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