Page 118 - Malaysia 2016
P. 118
2016

Special Assistance Vietnam 6.4 n.a
Malaysia 4.5 4.4*
131) Special payments will be made in
January 2016 – RM1 billion Source: IMF World Economic Outlook January 2016
• RM500 to 1.6 million civil servants
• RM250 to 700,000 government World Bank (January 2016)
pensioners
Growth (%) 2016
Essence Of Recalibrated 2016 Budget (January 2016)
World Trade
• The recalibrated measures announced World GDP 3.8
are proactive, transparent and US 2.9
realistic in tandem with the current Euro Area 2.7
global economic challenges; United Kingdom 1.7
Japan 2.4
• The economy remains resilient and China 1.3
continues to expand driven by India 6.7
domestic economic activity; Thailand 7.8
Indonesia 2.0
• The wellbeing of the rakyat will Philippines 5.3
continue to be prioritised and Vietnam 6.4
Government service delivery will not Malaysia 6.6
be compromised; 4.5

• The Government is committed to Source: World Bank Global Economic
implementing the scal consolidation Prospects January 2016
measures; and
Macroeconomic Assumptions 2015 –
• The recalibration of the budget is 2016
centred on the principle of shared
responsibility from all segments of 2016
society. (Revised)

World Economic Outlook 2016
International Monetary Fund
(January 2016)

2015 2016

Growth (%) (October 2015) 2016 World Trade (%) 2.6 4.1 3.4
2016 (January World GDP (%)
4.1 Malaysia GDP (%) 3.1 3.6 3.4
World Trade 3.6 2016) Commodity Prices:
World GDP 2.8 3.4 5.0 4.0-5.0 4.0-4.5
US 1.6 3.4
Euro Area 2.6 Crude Oil – Dated 52 48 30-35(28
United 2.2 1.7 Brent (USD/barrel) January
Kingdom 2,300 2016: USD
Japan 1.0 2.2 Crude Palm Oil (RM/ 2,166 5.50 33.1 pb)
China 6.3 tonne) 5.24 2.0-3.0
India 7.5 1.0 Rubber (RM/kg) 2.1 2,300
South Korea 3.2 6.3 Consumer Price 5.50
Taiwan 2.6 7.5 Index (%) 2.5-3.0 2.5-3.5
Singapore 2.9 n.a Current Account
ASEAN-5 4.9 n.a Surplus (% of GNP) 0.5-1.5 0.5-1.5
Thailand 3.2 n.a
Indonesia 5.1 n.a Source: IMF, DOSM, MOF, EPU
Philippines 6.3 n.a
n.a
n.a
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