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Malaysian economy 'slowed but robust', says World Bank

The Malaysian economy has slowed but remains robust despite being affected by economic uncertainty abroad, according to the World Bank.

The bank’s December 2016 edition of the Malaysia Economic Monitor report released today forecasts a GDP growth of 4.2 percent this year, compared with five percent last year.

“In a global context where growth has been declining and there are always uncertainties, this means that the Malaysian economy would continue to be very robust,”  says the report.

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