Malaysia economy getting back on its feet?

KUALA LUMPUR - Malaysia can maintain a current account surplus and achieve modest economic growth this year, provided there is no further fiscal slippage -- or unforseen shocks, ac cording to ANZ Bank.

“We maintain our 2015 GDP growth forecast of 4.5%, from 6.0% last year, on reductions in oil-related activity, lower domestic demand, and tighter fiscal spending,” ANZ says.
“Our forecast is at the lower limit of BNM’s 4.5-5.5% range. We also maintain our current account surplus forecast of 1.8% of GDP for 2015.
“We expect Bank Negara Malaysia (BNM) to be on hold this year, remaining firmly in ‘wait and see’ mode.” www.live.anz.com (ATI).