Zafrul: Malaysia’s 2021 GDP forecast could be lowered


KUALA LUMPUR: Malaysia’s 2021 economic growth forecast could be lowered due to new lockdown measures that do not allow non-essential businesses to operate, the finance minister said on Tuesday.

Minister Tengku Datuk Seri Zafrul Abdul Aziz did not give a new forecast. He also said Malaysia’s fiscal deficit will likely be higher than the 6% target announced earlier. – Reuters

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