{
  "title": "Malaysia: Staff Report for the 2014 Article IV Consultation",
  "publication": "IMF Staff Country Reports, March 3, 2015",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/malaysia-staff-report-for-the-2014-article-iv-consultation-42761",
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  "summary": "This 2014 Article IV Consultation highlights that Malaysia’s well-diversified economy continued to perform well in 2014. Growth accelerated to 5.9 percent, aided by robust domestic private demand and a recovery in exports. Lower energy costs helped contain inflation to 3.",
  "sections": [
    {
      "heading": "Economic performance in 2014",
      "content": "- Growth accelerated to 5.9 percent in 2014, supported by robust domestic private demand and a recovery in exports.\n- Inflation was contained at 3.1 percent in 2014, despite policy changes that removed fuel subsidies and increased electricity tariffs.\n- The economy is described as well-diversified."
    },
    {
      "heading": "Outlook and projections",
      "content": "- Growth is expected to moderate to 4.8 percent in 2015.\n- Strong investment momentum is expected to help offset headwinds from continued fiscal consolidation."
    },
    {
      "heading": "Energy prices and sectoral effects",
      "content": "- Lower energy prices helped contain headline inflation.\n- Lower energy prices will be a drag on oil and gas production.\n- Lower energy prices should provide a boost to the large non-oil sector."
    },
    {
      "heading": "Policy context and themes",
      "content": "- Continued fiscal consolidation is identified as a headwind to growth.\n- Investment momentum is highlighted as a key offsetting factor to fiscal consolidation.\n- Removal of fuel subsidies and an increase in electricity tariffs were implemented and factored into inflation outcomes.\n\n Source: Malaysia: Staff Report for the 2014 Article IV Consultation\n\n---\n\n Content in this bundle\n\n- cr1558\n  - cr1558 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr1558 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: March 3, 2015",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781498392815.002",
    "Growth accelerated to 5.9 percent in 2014, supported by robust domestic private demand and a recovery in exports.",
    "Inflation was contained at 3.1 percent in 2014, despite policy changes that removed fuel subsidies and increased electricity tariffs.",
    "The economy is described as well-diversified.",
    "Growth is expected to moderate to 4.8 percent in 2015.",
    "Strong investment momentum is expected to help offset headwinds from continued fiscal consolidation.",
    "Lower energy prices helped contain headline inflation.",
    "Lower energy prices will be a drag on oil and gas production.",
    "Lower energy prices should provide a boost to the large non-oil sector.",
    "Continued fiscal consolidation is identified as a headwind to growth.",
    "Investment momentum is highlighted as a key offsetting factor to fiscal consolidation.",
    "Removal of fuel subsidies and an increase in electricity tariffs were implemented and factored into inflation outcomes.",
    "**_cr1558**"
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