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More can be done for public in Budget 2023, say economists

Growth trajectory for 2022 intact

PETALING JAYA: The potential deferment of some major investments and spending decisions by both the government and corporations following the dissolution of Parliament to pave way for the 15th General Election (GE15) will not significantly impact the country’s economic growth trajectory this year, say economists.

Moderation in activities seen

PETALING JAYA: The manufacturing sector, one of the key contributors to the domestic gross domestic product (GDP), is expected to face more headwinds that could dampen manufacturing activities going forward.

Currency swap initiative a win

PETALING JAYA: The move to undertake a currency swap arrangement by Malaysia is expected to benefit the country in the near term, as it will boost trade and investments at a time when the global economy is undermined by higher inflationary pressures and growing recessionary risks.

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