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ADB sees Malaysia to grow at 4.7 pct in 2023, 4.9 pct in 2024

KUALA LUMPUR, April 4 (Xinhua) — The Asian Development Bank (ADB) on Tuesday projected Malaysia’s economy to grow at 4.7 percent in 2023, and 4.9 percent in 2024.

The ADB said in its latest Asian Development Outlook report that Malaysia’s economic performance in 2023 will depend on factors such as spillover from China’s reopening, government policy support, and developments in the electronics industry.

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