Malaysia's massive Budget 2021 will cushion the economic downturn, but the country’s rebound will depend on the return of global trade, says Moody's Analytics.
KUALA LUMPUR: Malaysia's massive Budget 2021 will cushion the economic downturn, but the country’s rebound will depend on the return of global trade, says Moody's Analytics.
Its economist Denise Cheok said lockdowns across Europe and the United States pose significant downside risks, even with vaccine rollouts.
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