The World Bank has projected that Malaysia's gross domestic product (GDP) will ease to 4.5 per cent in 2016, from 4.7 per cent this year, due to a slowdown in domestic demand.
The World Bank projected Malaysia's gross domestic product (GDP) would ease to 4.5 per cent in 2016, from 4.7 per cent this year, reflecting "some slowdown in domestic demand in the course of 2015 from tighter fiscal conditions".