World Bank Says Malaysian Economy Tanking - Will Not Turn Around In FOUR More Months.

World Bank lowered Malaysia's (GDP) forecast to 4.6% in 2019 
to reflect trade tensions, slowdown in larger economies, market volatility
risks to growth in the near term

bank earlier maintained 4.7% back in April

given uncertain external environment 
subdued business confidence
policy should aim to facilitate private investment
ensure adequate social protection for lower-income households

medium term, bold reforms needed to boost human capital 
recommends reforms to diversify away from unstable oil revenues 

Malaysia's public service falls short 
particularly in terms of openness, transparency

public service develop open, transparent environment
to attract, manage and retain best talent


My comments :  Letih lah. I will have more to say about this later.