## Malaysia: Staff Report for the 2013 Article IV Consultation

_IMF Staff Country Reports, March 14, 2014_

## Source details

**Canonical URL:** [Malaysia: Staff Report for the 2013 Article IV Consultation](https://www.imf.org/en/publications/cr/issues/2016/12/31/malaysia-staff-report-for-the-2013-article-iv-consultation-41426)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/malaysia-staff-report-for-the-2013-article-iv-consultation-41426/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/malaysia-staff-report-for-the-2013-article-iv-consultation-41426/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/malaysia-staff-report-for-the-2013-article-iv-consultation-41426/bundle-manifest.json)

## Bibliographic details
- Published: March 14, 2014
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475557404.002

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### Overview
- The IMF staff report focuses on Malaysia’s economic developments and policies during 2013 and assesses prospects going forward.
- Continued growth in domestic demand, especially investment, and a pickup in external demand are expected to help maintain robust growth despite fiscal tightening.
- Amid concerns about Malaysia’s public finances and a sharp narrowing of the external surplus in spring–summer of 2013, authorities took timely action to secure fiscal sustainability and assure markets.
- The report suggests that authorities’ 2013 decisions are close to a fiscal policy breakthrough aimed at containing federal debt and related fiscal risks.

### Key findings and analysis
- Growth drivers:
  - Continued growth in domestic demand, with particular emphasis on investment.
  - A pickup in external demand supporting growth prospects.
- Fiscal and external developments:
  - Fiscal tightening was occurring alongside efforts to secure fiscal sustainability.
  - A sharp narrowing of the external surplus occurred in spring–summer of 2013.
- Policy assessment:
  - Authorities’ actions in 2013 are characterized as timely and aimed at containing federal debt and fiscal risks.
  - The report frames 2013 decisions as close to a fiscal policy breakthrough.

### Policy topics covered
- Fiscal consolidation
- Fiscal policy
- Inflation
- Prices
- Revenue administration
- Taxes
- Value-added tax

### Metadata and classification
- Subject tags: Fiscal consolidation, Fiscal policy, Inflation, Prices, Revenue administration, Taxes, Value-added tax
- Keywords: Asia and Pacific, CR, data standard, exchange arrangement, Fiscal consolidation, Global, household debt, Inflation, ISCR, market distortion, policy, policy flexibility, policy issue, policy stance, public finance, regulation, Value-added tax

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## Content in this bundle

- **Fiscal Policy Committee**
  - [Fiscal Policy Committee (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2014/_cr1480.pdf.md){rel="alternate" type="text/markdown"}
  - [Fiscal Policy Committee (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2014/_cr1480.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/malaysia-staff-report-for-the-2013-article-iv-consultation-41426_