Malaysia: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Malaysia

International Monetary Fund

No 2021/053, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; procurement rule; Malaysian authorities; open economy; short-term debt; headline inflation; money market rate (search for similar items in EconPapers)
Pages: 101
Date: 2021-03-17
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