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World Bank raises Malaysia’s 2022 economic growth forecast to 6.4 pct

KUALA LUMPUR, Sept. 27 (Xinhua) — The World Bank on Tuesday raised Malaysia’s 2022 economic growth forecast to 6.4 percent from 5.5 percent previously.

The World Bank said in its latest report that Malaysia’s economic growth will be supported by strong domestic demand, which is underpinned by continued improvements in labor market conditions.

It also said tourism-related activities by domestic and intern