PETALING JAYA: Malaysia’s economy is expected to grow by 6.7% in 2021, on the back of successful containment of Covid-19 infections and effective rollout and distribution of the vaccine, according to the World Bank.
The latest edition of the World Bank Malaysia economic monitor: Sowing the seeds, said quicker containment of the third wave of Covid-19 infections and vaccine distribution could lead to a faster-than-expected recovery in consumer demand, greater investor confidence and consequently a robust recovery in domestic economic activity in 2021.