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.
Tun Tengku Maimun Tuan Mat laments misinterpretations of faith that distort justice in high-profile rulings, cites Indira Gandhi and Nik Elin Zurina cases