KUALA LUMPUR, March 31 (Xinhua) — The World Bank on Friday projected the Malaysian economy to grow at a more moderate pace of 4.3 percent in 2023 supported by domestic demand amid an expected slowdown in external demand.
Private consumption growth is forecast to remain robust, albeit at a slower rate at 6.3 percent in 2023, as compared to 11.3 percent in 2022, the World Bank said in a report.
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