KUALA LUMPUR, Oct 13 — The International Monetary Fund (IMF) expects Malaysia’s real gross domestic product (GDP) to rise by 7.8 per cent next year. However, the IMF has revised its Malaysia 2020 GDP forecast to 6.0 per cent year-on-year contraction from the previously estimated 3.8 per cent...
the IMF has revised its Malaysia 2020 GDP forecast to 6.0 per cent year-on-year contraction from the previously estimated 3.8 per cent contraction. — Reuters pic
However, the IMF has revised its Malaysia 2020 GDP forecast to 6.0 per cent year-on-year contraction from the previously estimated 3.8 per cent contraction. This is in light of the more contained pandemic which also reflected in smaller GDP declines during the first half of 2020.
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