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Malaysia’s current accounts surplus hits nine-year high to RM62.1 bln

Malaysia’s current accounts surplus hits nine-year high to RM62.1 bln
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Malaysia posted a current account surplus of RM62.1 billion in 2020, the highest in nine years, steered by a favourable performance of the goods account, and narrower deficit in primary income and secondary income, said the Department of Statistics Malaysia (DoSM).

Its chief statistician Datuk Seri Dr Mohd Uzir Mahidin said amid the COVID-19 crisis in 2020, Malaysia had managed to log an encouraging current account surplus which was largely supported by net exports of goods totalling RM139.1 billion…

To read more: https://bernama.com/en/news.php?id=1930687

SOURCE: BERNAMA

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