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Malaysia: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Malaysia
Author:
International Monetary Fund. Asia and Pacific Dept
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2021: Issue 053
Language:
English
Publication Date:
17 Mar 2021
DOI:
https://doi.org/10.5089/9781513574202.002
ISBN:
9781513574202
ISSN:
1934-7685
Pages:
101
Keywords:
ISCR; CR; procurement rule; Malaysian authorities; open economy; short-term debt; headline inflation; money market rate
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Malaysia entered the pandemic from a robust economic position but has nonetheless been significantly affected. A synchronous fiscal, monetary and financial policy response has helped cushion the economic impact. As a result, after a deep recession in 2020, and assuming the pandemic is brought under control in Malaysia and globally, growth would rebound to 6.5 percent in 2021 as supply side constraints are lifted and domestic and external demand recover. Large downside risks will remain.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund