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Malaysia - ASIAN DEVELOPMENT OUTLOOK 2013
Malaysia Malaysia
Malaysia - ASIAN DEVELOPMENT OUTLOOK 2013
shared by PARMIONOVA on Apr 24
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A surge in fixed investment combined with buoyant private consumption underpinned stronger economic growth in 2012, overriding weakness in exports. Government cash transfers and spending on infrastruc...
ture
contributed to domestic demand. GDP growth is forecast to ease this year before picking up in 2014,
while inflation is seen edging up from last year’s low rate. Rising imports and subdued exports have eroded the surplus in the current account. alaysia is a middle-income country with a record of strong economic performance and poverty reduction. It has largely achieved its Millennium Development Goals on income poverty, primary education, gender, and health well ahead of the 2015 target date.
Source : Asian Development Bank : Asia's Energy Challenge ( http://www.adb.org/sites/default/files/ado2013-malaysia.pdf )
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