Malaysia: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Malaysia
IMF Staff Country Reports, March 17, 2021
Source details
- Canonical URL
- Malaysia: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Malaysia
Other formats
Bibliographic details
- Published: March 17, 2021
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513574202.002
Macroeconomic impact and outlook
- Malaysia entered the pandemic from a robust economic position but has nonetheless been significantly affected.
- 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.
Policy response
- A synchronous fiscal, monetary and financial policy response has helped cushion the economic impact.
Key subjects and keywords
- Subjects: Anti-money laundering and combating the financing of terrorism (AML/CFT), COVID-19, External debt, Fiscal policy, Public debt
- Keywords: CR, headline inflation, ISCR, Malaysian authorities, money market rate, open economy, procurement rule, short-term debt
Content in this bundle
- 1mysea2021001