Malaysia’s GDP growth likely to return to 4.6-5.0% range in 2020: UBS economist

: ’s real gross domestic product (GDP) growth is likely to return to the 4.6-5% trend range in 2020 as economic drag diminishes, said Investment Bank economist Edward Teather.

He said the impact of the trade war and the government’s institutional reforms should go from drags on growth to net positive contributions to the country’s economy this year.

“Pakatan Harapan’s institutional reforms and the Comprehensive and Progressive Agreement for Trans- Partnership (CPTPP) membership would improve prospects in 2020.

“Malaysia is also a key potential beneficiary of the CPTPP trade deal,” he said during a conference call on global and Asian 2019 outlook today.



Source: The Sun Daily



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