Malaysia’s headline inflation has been moderating in recent months. The pace of consumer price increases has come off steadily from 4.2% in the latter half of 2022 to below 2% since August 2023.
When BNM started raising the OPR in May 2022 to contain inflation, the subsequent sharp increase in the KLIBOR had sparked market concerns about a potential over-tightening in the interbank market.
In just six decades, Malaysia has transformed from a resource-based economy dependent on rubber and tin to a diversified economy .
This paper develops a prototype macroeconomic model for assessing monetary and fiscal policy in a small emerging-market open economy. We then use this model to evaluate the performance of monetary and fiscal policies in Malaysia between 2005 and 2021.
How did Malaysia manage to contain inflation without keeping monetary policy so tight as to stifle growth? The answer lies in a skillful mix of policy measures.
Watch the highlights of AMRO's 2023 Annual Consultation Report on Malaysia.
Malaysia’s growth momentum is expected to be sustained this year by resilient domestic demand and stronger tourism recovery amid the global slowdown.
The Malaysian economy rebounded strongly in 2022 driven by a strong recovery in domestic demand and robust export growth.
The annual Roundtable convenes leading experts from Asian countries and the OECD to discuss the issues at the fore of recent economic developments in the region.
Malaysia’s growth is projected to moderate to 4.2 percent in 2023 against the backdrop of a global growth slowdown.