IMF expects Malaysia’s GDP to increase 7.8 percent next year

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KUALA LUMPUR: The International Monetary Fund (IMF) expects Malaysia’s real gross domestic product (GDP) to rise by 7.8 per cent next year. However, t...

: The International Monetary Fund expects Malaysia’s real gross domestic product to rise by 7.8 per cent next year.

In its October 2020 World Economic Outlook Update released yesterday, it said Asian advanced economies are projected to have somewhat more moderate downturns than those of Europe. Touching on the forex exchange, the IMF pointed out that the currencies of commodity exporters among advanced economies strengthened as commodity prices firmed.

 

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