{"id":216527,"date":"2023-03-30T07:24:01","date_gmt":"2023-03-29T23:24:01","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=216527"},"modified":"2023-03-30T07:33:14","modified_gmt":"2023-03-29T23:33:14","slug":"malaysian-central-bank-says-economy-to-grow-four-to-five-percent","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=216527","title":{"rendered":"Malaysian Central Bank Says Economy To Grow Four To Five Percent"},"content":{"rendered":"\n<p>KUALA LUMPUR, Mar 30 (NNN-BERNAMA) &#8211; Despite global headwinds, the Malaysian economy is projected to grow between four and five percent in 2023, supported by firm domestic demand, Malaysia&#8217;s central bank said, yesterday.<\/p>\n\n\n\n<p>Bank Negara Malaysia (BNM) said in a statement that, further improvement in labour market conditions, continued implementation of multi-year investment projects, and higher tourism activity are expected to support private consumption and investment growth in Malaysia.<\/p>\n\n\n\n<p>However, it expects the global economic environment to remain challenging and uncertain in 2023, due to slower growth and tighter monetary policies in major economies, and subdued global trade activity.<\/p>\n\n\n\n<p>&#8220;Despite the headwinds, the Malaysian economy is expected to continue to expand this year, and not enter a recession,&#8221; BNM governor, Nor Shamsiah Yunus, said.<\/p>\n\n\n\n<p>According to her, Malaysia&#8217;s financial system will continue to be a key source of strength for the Malaysian economy, in supporting the financing needs for Malaysia&#8217;s transformation into a high-income, high value-added and low-carbon economy.<\/p>\n\n\n\n<p>&#8220;Structural reforms remain important, but a carefully considered sequencing of these critical reforms will be important, to deliver sustainable growth and price stability, while minimising transitory costs,&#8221; she added.&#8211; NNN-BERNAMA &nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR, Mar 30 (NNN-BERNAMA) &#8211; Despite global headwinds, the Malaysian economy is projected to grow between four and five percent in 2023, supported by firm domestic demand, Malaysia&#8217;s central bank said, yesterday. Bank Negara Malaysia (BNM) said in a statement that, further improvement in labour market conditions, continued implementation of multi-year investment projects, and [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":216529,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[215,288,300,286,318,296],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/216527"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=216527"}],"version-history":[{"count":2,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/216527\/revisions"}],"predecessor-version":[{"id":216530,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/216527\/revisions\/216530"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/216529"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=216527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=216527"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=216527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}