Thursday, 11 Feb 2021 05:43 PM MYT
Malaysia’s GDP contracted 3.4 per cent in the fourth quarter of 2020 amid a significant increase in Covid-19 infections, bringing the overall performance of the year to -5.6 per cent following global restraint order and border closures. — Picture by Hari AnggaraKUALA LUMPUR, Feb 11 — Malaysia’s gross domestic product growth for 2020 is better than expected and the country’s economy has shown various signs of recovery, said Finance Minister Datuk Seri Tengku Zafrul Tengku Abdul Aziz.
Malaysia’s GDP contracted 3.4 per cent in the fourth quarter of 2020 amid a significant increase in Covid-19 infections, bringing the overall performance of the year to -5.6 per cent following global restraint order and border closures. “This contraction is better than the initial projection by international organisations such as the International Monetary Fund , the World Bank and the Asian Development Bank ,” he said in a statement today. — Bernama
Betul betul. Businesses are flourishing. 😂😂😂
Growth?