AMRO

Is Malaysia heading for a recession?

Contrary to what some observers may believe, Malaysia’s economy is actually doing better than expected – although that doesn’t mean fears of a recession are unwarranted.Earlier this month, Malaysia’s central bank, Bank Negara Malaysia (BNM) announced that the country’s economy grew by 4.9 percent in the second quarter of 2019, recording stronger growth than in the first quarter (4.5 percent) and beating most economists’ predictions.

29 August 2019
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