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BNM, Treasury to review IMF’s latest report on Malaysia GDP forecast, says PM
The Star
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9 months ago
Prime Minister Datuk Seri Anwar Ibrahim said Bank Negara Malaysia (BNM) and the Treasury will have to review the International Monetary Fund (IMF) decision to revise Malaysia’s real gross domestic product (GDP) growth to 4.1% for this year.
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00:00
Prime Minister Datuk Seri Anwar Ibrahim, who attended the Customs Department's Hari Raya
00:07
Aidilfitri reception on Thursday, said Bank Negara Malaysia and the Treasury will be reviewing
00:13
the latest assessment by the International Monetary Fund on the country's GDP growth
00:18
forecast for 2025.
00:21
He told reporters that the government will address the matter during a special Dewan
00:25
Rakyat sitting scheduled for May 5.
00:28
There is a revision internationally for the world, for the United States, China and most
00:36
countries.
00:37
We are slightly down, Bank Negara and the Treasury will now re-look at it and review.
00:45
On April 23rd, the IMF revised Malaysia's real GDP growth forecast from 4.7% to 4.1%, in
00:53
line with a broader regional downgrade.
00:56
In its April 2025 World Economic Outlook report, titled A Critical Juncture Amid Policy Shifts,
01:04
the IMF projected Malaysia's economy to grow by 3.8% in 2026.
01:10
The IMF also reduced its global growth outlook for 2025 to 2.8%, marking a 0.5 percentage point
01:19
decrease from its January estimate.
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