Malaysia's latest Covid lockdown won't hit the economy as much as last year, finance minister says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The ongoing lockdown is estimated to cost 700 million ringgit ($172.7 million) a day in lost GDP, said Finance Minister Zafrul Aziz.

after Malaysia tightened measures in several states and territories two weeks ago.

Zafrul also said his ministry is maintaining its budget deficit forecast of 5.4% of GDP. Malaysian Prime Minister Muhyiddin Yassin last week announced"We will monitor this. If there is a need for further fiscal injection to help, to revive the economy in the short term, it's something that the government has to do and that will obviously have an impact deficit," said Zafrul.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

what they forgot to mention was there is no economy left to hit lol

wow

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités