Malaysia ramps up efforts to revitalise economy, after near-miss on growth targets last year
Malaysia expects its economy to improve this year, after missing its target by a whisker in 2023. In February, the ringgit dropped to levels not seen since the depths of the Asian Financial Crisis more than a quarter-century ago, although it is showing signs of stabilising. As Melissa Goh reports, the government and the central bank are taking measures to help boost the economy.
Malaysia expects its economy to improve this year, after missing its target by a whisker in 2023. In February, the ringgit dropped to levels not seen since the depths of the Asian Financial Crisis more than a quarter-century ago, although it is showing signs of stabilising. As Melissa Goh reports, the government and the central bank are taking measures to help boost the economy.
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