Finance minister: Govt to launch short-term economic recovery plan | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 86%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Finance minister: Govt to launch short-term economic recovery plan

Wednesday, 13 May 2020 08:43 PM MYT

The plan will highlight health guidelines and safe operating procedures in the new norm, capacity building, hiring of workers, job creation as well as boosting consumer spending, especially through digital channels. “While the Malaysian economy is expected to record slower growth this year, economic growth for 2021, on the other hand, is projected to be better based on future global and domestic economic recovery measures,” he said.

In terms of demand, economic growth was supported by government and household spending, while in terms of supply, GDP growth was driven by the services and manufacturing sectors. “Malaysia has not been exempted from the impact from the global situation, and economic recovery efforts will take some time.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Discuss and debate in parliament dulu la

Bincang dulu boss

How many uturns allowed?

South Africa South Africa Latest News, South Africa South Africa Headlines