Malaysia lifts 2026 growth forecast slightly despite trade disruptions, rising fuel prices
Airfind news item
By Rozanna Latiff
Published on March 31, 2026.
Bank Negara Malaysia has revised its 2026 economic growth forecast from 4-5% to 4-6%, despite ongoing trade disruptions and rising fuel prices. The central bank highlighted risks to growth and inflation from the Middle East conflict, citing Malaysia's position as a net energy exporter as a significant protection. The increase in the growth forecast is in stark contrast to expectations that activity will be negatively impacted by the conflict. Economic growth in 2026 will be supported by strong household spending, investments, sustained demand for electrical and electronic exports, and steady tourism. The government is expected to spend $994 million a month on RON95 transport fuel, compared to $700 million previously.
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