Malaysia to be high-income nation by 2024, says World Bank


MALAYSIA’S economy is projected to expand 4.7% next year and 4.6% in 2020, and the country is expected to achieve high-income status between 2020 and 2024, said the World Bank.

For this year, Malaysia’s economic growth is expected to moderate in the near term, growing 4.9% underpinned by continued strong growth in private consumption.


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Comments


  • - can anyone confirm the authencity of the following :-
    (a) the current loans to deposit ratio is geared to 92% ie total funds available in the system
    (b) total loans extended at this moment stand at 1.57 trillion
    (c) srr is now 3.5%
    (d) leaving working capital @ only 5.5%
    (e) our household debt ratio to GDP is at 89%
    - would sincerely look to the above queries being amswered as i get so many conflicting views pertaining to data / statistics
    - thkz / cheers

    Posted 2 years ago by Warrick singh dhalial

  • - can anyone confirm the authencity of the following :-
    (a) the current loans to deposit ratio is geared to 92% ie total funds available in the system
    (b) total loans extended at this moment stand at 1.57 trillion
    (c) srr is now 3.5%
    (d) leaving working capital @ only 5.5%
    (e) our household debt ratio to GDP is at 89%
    - would sincerely look to the above queries being amswered as i get so many conflicting views pertaining to data / statistics
    - thkz / cheers

    Posted 2 years ago by Warrick singh dhalial

  • ooop's
    humble apologies for posting twice
    accidently pressed

    Posted 2 years ago by Warrick singh dhalial