AMRO’s 2022 Annual Consultation Report on Malaysia
The Malaysian economy is recovering strongly from the COVID-19 disruptions in 2021 and early 2022.
The Malaysian economy is recovering strongly from the COVID-19 disruptions in 2021 and early 2022.
The Philippine economic recovery from the COVID-19 pandemic continues to gain traction. AMRO forecasts the GDP to grow strongly by 6.9 percent in 2022 and moderate to 6.5 percent in 2023.
China’s economy has recovered strongly from the downturn brought about by the COVID-19 pandemic.
The Indonesian economy is on track to a firm recovery as a result of effective pandemic containment measures and ongoing policy support.
The Japanese economy is expected to grow at a faster 2.9 percent in 2022 after a moderate 1.7 percent recovery in 2021, reflecting pent-up private consumption and business investment.
Hong Kong’s economy has been rebounding strongly due to the progress in COVID-19 vaccinations, and recovering domestic and external demand, but targeted policy support to hard-hit sectors and supportive credit conditions remain important to safeguard the recovery.
Brunei Darussalam’s external position and fiscal balance should improve considerably, benefiting from rising global oil prices amid better global economic prospects.
Thailand’s economy should recover gradually — although unevenly across sectors — with growth likely to register 0.8 percent in 2021 before rebounding to 5.8 percent in 2022.
The Cambodia’s economy was hit severely in 2020 by the COVID-19 pandemic and the recovery in 2021 is expected to be moderate and uneven across sectors.
Singapore’s economy continues to recover steadily in 2021 and 2022 from a sharp contraction last year.