MOC 2024: Economic outlook

2024 will see a mild slowdown in global growth of about 2.7% due to the aftermath of monetary tightening measures taken by most countries in 2023. With the World Bank forecasting a 4.3% growth rate for Malaysia in 2024, what are the challenges we need to overcome to balance growth and sustainability? What are the externalities that we need to watch out for? What are the crucial reforms that must be done to achieve this balance?