Published: 2009/12/01
THE Malaysian Institute of Economic Research (MIER), which expects the overnight policy rate to be relatively unchanged at least until the end of next year, is maintaining the country's economy to contract by 3.3 per cent this year and expand by 3.7 per cent next year.
For 2011, the private think-tank was more optimistic about the economy, forecasting Malaysia's Gross Domestic Product to expand by a commendable 5.5 per cent, its top officials told a media conference here today. - Bernama