Malaysia can achieve GDP growth target


PETALING JAYA: Malaysia is still on track to achieve its gross domestic product (GDP) growth target of between 6.5% and 7.5% for 2021 despite a further extension of the movement control order (MCO 2.0), as the various stimulus packages and impending vaccine rollout will help steer the country towards recovery.

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said Malaysia had learnt some “valuable lessons” following the implementation of the first MCO last year and is optimistic that the current lockdown will not be as detrimental.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Malaysia , growth , GDP , Tengku Zafrul , stimulus package , vaccine ,

   

Next In Business News

Ringgit seen trading in cautious mode ahead of US rate decision next week
Oil settles at 3-week high as more Russia sanctions loom
Local market treads water
Governance challenges continue at TMC Life after CEO’s removal
Sabah’s green power ECoSystem
Macquarie bidding for Axiata’s EDOTCO
SAILH set to propel logistics sector
TNB commences RE supply to Singapore
Grocer well-stocked on community spirit
Estates of late tycoons spark M&A interest

Others Also Read