A Malaysian government-backed think tank forecast economic growth to accelerate to between 4.5% and 5.5% next year helped by stronger domestic demand and exports recovery.
The government should unveil an expansionary budget for the next year with some fiscal measures to further strengthen domestic demand, and offer incentives to encourage private investments, Zakariah Abdul Rashid, an executive director of the Malaysian Institute of Economic Research, also known as MIER, said at a news briefing.
