## Malaysia: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Authorities of Malaysia

_IMF Staff Country Reports, April 28, 2017_

## Source details

**Canonical URL:** [Malaysia: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Authorities of Malaysia](https://www.imf.org/en/publications/cr/issues/2017/04/28/malaysia-2017-article-iv-consultation-press-release-staff-report-and-statement-by-the-44869)

## Other formats

- [Markdown version](/en/publications/cr/issues/2017/04/28/malaysia-2017-article-iv-consultation-press-release-staff-report-and-statement-by-the-44869/index.md)
- [Structured JSON version](/en/publications/cr/issues/2017/04/28/malaysia-2017-article-iv-consultation-press-release-staff-report-and-statement-by-the-44869/index.json)
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## Bibliographic details
- Published: April 28, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475596656.002

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### Summary findings
- The Malaysian economy delivered good performance over the past few years in a challenging global economic environment.
- The economy remained resilient despite the impact of global commodity price and financial market volatility, supported by:
  - a diversified production and export base,
  - strong balance sheet positions,
  - a flexible exchange rate,
  - responsive macroeconomic policies,
  - deep financial markets.
- Domestic demand, led by private consumption, continues to be the main driver of growth.

### Macroeconomic outlook and projections
- Real GDP growth slowed but Malaysia remains among the fastest-growing economies among its peers.
- Real GDP growth is expected to increase moderately to 4.5 percent year over year in 2017 from 4.2 percent in 2016.

### Policy analysis and implications
- Resilience attributed to structural and policy features: diversification, balance sheet strength, exchange rate flexibility, macroeconomic responsiveness, and deep financial markets.
- Continued emphasis implied on policies that support domestic demand and private consumption as primary drivers of growth.
- Managing vulnerabilities associated with global commodity price and financial market volatility remains important given external risks.

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## Content in this bundle

- **Country Report**
  - [Country Report (Markdown version)](/-/media/files/publications/cr/2017/cr17101.pdf.md){rel="alternate" type="text/markdown"}
  - [Country Report (PDF)](/-/media/files/publications/cr/2017/cr17101.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2017/04/28/malaysia-2017-article-iv-consultation-press-release-staff-report-and-statement-by-the-44869_
