Malaysia's economy to grow 6.7 pct in 2021: World Bank Group. [Newspaper] (2020)
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Abstract
Malaysia's economy is likely to grow by 6.7 per cent in 2021 following a projected contraction of 5.8 per cent in 2020 caused by the Covid-19 pandemic, according to the World Bank Group.
In its latest edition of the World Bank Malaysia Economic Monitor: Sowing the Seeds launched today, the report revealed that the successful containment of the third wave and effective roll out and distribution of vaccine could lead to a faster-than-expected recovery in consumer demand.
This would in turn promote greater investor confidence, and consequently a more robust recovery in domestic economic activity in 2021.
| Item Type: | Newspaper |
|---|---|
| Keywords: | Malaysian Economics, World Bank Group, Domestic economic |
| Taxonomy: | By Subject > Business & Management > Economics By Subject > Business & Management > Finance |
| Local Content Hub: | Subjects > Business & Management |
| Depositing User: | Muhammad Azrul Ayob |
| Date Deposited: | 21 Jul 2021 08:36 |
| Last Modified: | 21 Jul 2021 08:36 |
| Related URLs: |
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