Finance Minister: Decrease in country's GDP for second quarter of 2020 predicted

The Finance Minister said the second quarter was challenging, as the country underwent movement control order during the period.“We predict a decrease in GDP for the second quarter, and the economy will be in contraction for the second quarter.“More than 150 countries in the world will experience economic contraction in 2020.

“This is a good signal, as when the economy opened up on May 4 and when industries slowly reopened, the employment rate went up. “We are hoping to get a v-shape economy growth, but it is subjected to how Malaysia and the world address the health crisis.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Finance minister: Govt plans to raise statutory debt limit to 60pc of GDP | Malay MailKUALA LUMPUR, Aug 6 ― The Finance Ministry is seeking to raise the country's statutory debt limit to 60 per cent of the Gross Domestic Product (GDP) from 55 per cent at present. Finance Minister Tengku Datuk Seri Tengku Zafrul Abdul Aziz said the ministry today tabled for first reading the...
Источник: malaymail - 🏆 1. / 86 Прочитайте больше »

‘Positive’ Jan-July 2020 market share for Mitsubishi MalaysiaMITSUBISHI Motors Malaysia (MMM) experienced positive sales performance from January to July this year with a total of 4,008 units sold. This resulted...
Источник: theSundaily - 🏆 25. / 51 Прочитайте больше »