The Malaysian economic indicator that is raising red flags


Sheridan Mahavera

Malaysia must reduce its dependence on unskilled foreign labour to address its current account deficit, say economists. – The Malaysian Insight file pic, May 30, 2017.

OF all the statistics trotted out to show the health of the economy, one indicator is causing some concern among economists, who said it spells trouble for every Malaysian over the long term.

The current account balance is a gauge for the state of the economy and if it goes into a deficit for an extended period, it affects everything from wages to the price of vegetables.


Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one (1) week free access!

Subscribe Now!


Sign up or sign in here to comment.


Comments