Reviving the economy


Bank Negara will release the 2Q economic data at midday.

PETALING JAYA: All eyes are on Bank Negara’s gross domestic product (GDP) announcement today, with the odds stacked against the Malaysian economy for the second quarter of 2020 (2Q20).

A double-digit economic contraction is highly expected in the April-June period, potentially worse than the 1997 Asian Financial Crisis.

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Malaysia , economy , revival , Bank Negara , GDP , growth , Mustapa ,

   

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