KUALA LUMPUR (Bloomberg): Malaysia’s central bank slightly lowered its economic growth outlook for this year and pledged any changes to its accommodative monetary policy would be "measured and gradual” as it flagged risks from the pandemic and geopolitics.
Gross domestic product may expand 5.3% to 6.3% this year, Bank Negara Malaysia said in its annual Economic and Monetary Review on Wednesday(March 30). That compares with its earlier projection of 5.5%-6.5%, and last year’s 3.6% growth.
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