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Geplaatst: 08-01-2019 04:20:02 Onderwerp: The central bank noted that Malaysian economy is expected |
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PARIS Cheap Mamadou Sakho Jersey , July 25 (Xinhua) -- France will raise international aiddevoted mainly to help African states to reduce poverty and improveeducation and health services, President Emmanuel Macron said onTuesday.
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"He reaffirmed determination to implement an ambitious policy ofinternational cooperation and development," his office said in astatement.
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KUALA LUMPUR, July 13 (Xinhua) -- Malaysia's central bank kept its benchmark policy rate unchanged at 3 percent in its monetary policy committee (MPC) meeting Thursday.
Bank Negara Malaysia (BNM) said in a statement that the current level of Overnight Policy Rate (OPR) is accommodative and supportive of economic activity.
The central bank noted that Malaysian economy is expected to register higher growth in 2017.
"Going forward Cheap Lazar Markovic Jersey , the more favorable global growth prospects will lead to sustained export performance and generate positive spillovers to the domestic economy. Private consumption will be underpinned by higher wages and employment."
"The improved investment outlook is being driven by new and ongoing infrastructure projects, and stronger capacity expansion in the manufacturing and services sectors," it said.
The Malaysian economy performed better than expected in the first quarter Cheap Kevin Stewart Jersey , lifted by stronger domestic demand with additional impetus from exports.
The central bank also noted the global economy continues to strengthen with growth becoming more synchronized across countries.
Industrial activity and global trade are exceeding earlier projections, it said.
Risks to the global growth outlook arise mainly from political and policy uncertainties in the major economies, geopolitical and financial market developments Cheap Jordan Henderson Jersey , and volatility of commodity prices, it said.
Meanwhile, Malaysia's central bank expects the country's headline inflation to moderate in the second half of the year mainly reflecting the waning effect of global cost factors.
"Underlying inflation Cheap Jon Flanagan Jersey , as measured by core inflation, will be sustained by the more robust domestic demand but is expected to remain contained," it said.
Headline inflation moderated to 3.9 percent in May Cheap Joel Matip Jersey , due mainly to the decline in domestic fuel prices during the month.
The central bank emphasized that Malaysia's domestic financial markets have been resilient.
"The ringgit has remained stable with a more balanced demand and supply of foreign currencies following the implementation of the two financial market development measures.
"Banking system liquidity remains sufficient with financial institutions continuing to operate with strong capital and liquidity buffers. The growth of financing to the private sector has improved, consistent with the pace of economic activity," it said.
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