Economy

Malaysia’s economy expected to worsen as Covid-19 hits hard, says Fitch Solutions

MALAYSIA’S economic outlook is going to worsen this year amid the Covid-19 pandemic, which has forced the government to impose a second movement-control order (MCO), predicted Fitch Solutions Country Risk and Industry Research.

The research arm of the Fitch Group slashed the gross domestic product (GDP) growth for 2021 from 11.5% to 10%, which will affect government spending.

To continue reading, please click here

Leave a Reply

Related Articles

Back to top button