The World Bank has maintained its 2024 economic growth outlook for Malaysia at 4.3% in its East Asia and Pacific Economic Update for April, on expectation of a likely recovery in global growth and the easing of restrictive financial conditions.
Malaysia is maintaining its 2023 gross domestic product (GDP) growth forecast of 4-5%, according to Deputy Finance Minister I, Datuk Seri Ahmad Maslan.
World Bank lead economist Apurva Sanghi said Malaysia’s revenue as a share of the gross domestic product (GDP) has been declining, with tax revenue being well below 12% of GDP.
Purchase of Duck's holding company which appears to be owned wholly by Datin Vivy Yusof and husband Datuk Fadzarudin Shah Anuar was made same year GLICs invested RM47 mil
