02170cas a2200241 a 4500 AALejournalIMF019120 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498302418 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Asia and Pacific Dept. Malaysia : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Malaysia. Washington, D.C. : International Monetary Fund, 2019. 1 online resource (100 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Article IV Consultation highlights that the Malaysian economy has shown resilience and continues to perform well. Policy priorities are governance reforms and fiscal consolidation while safeguarding growth and financial stability. Structural reforms are needed to boost productivity and help further rebalancing growth towards domestic demand. Domestic demand is expected to remain the main driver of growth over the medium term. Risks to the outlook are to the downside and stem mainly from external sources. The paper also discusses that with growth returning to sustainable levels and no underlying inflation pressures, maintaining the current broadly neutral monetary policy stance is appropriate. Exchange rate flexibility should remain the first line of defence against external shocks. Also, governance reforms should be anchored in legislation to ensure the independence of anti-corruption institutions and appropriate separation of powers. Focus should be on improving the transparency and efficiency of public services. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2019/071 Full text available on IMF http://elibrary.imf.org/view/journals/002/2019/071/002.2019.issue-071-en.xml IMF e-Library