Malaysia's economy to grow 4.8 percent in 2015


(MENAFN) The International Monetary Fund (IMF) has forecast Malaysia's gross domestic product (GDP) to grow 4.8 percent in 2015 and inflation rate within 3.1 percent, Xinhua reported.

Asia's biggest tourists' attractor's economy was dragged down by crude oil and commodity price fall, capital outflows and weak external demand, the organization said.

However, Malaysia will be able to cope with the economic risks due to its experienced macroeconomic management personnel, strong stable economic policy framework and sound financial system.


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