Malaysia is maintaining its Gross Domestic Product (GDP) growth target of between 6.5 per cent and 7.5 percent for 2021 despite the emergency declaration and the second round of the movement control order (MCO 2.0), said Finance Minister Tengku Zafrul Tengku Abdul Aziz.
"It is still early and we are still in the first quarter of the year. So we maintain (it for now) but our forecast is at risk given with (what is happening) with the MCO.
“It (the GDP) will be at the lower end of our forecast,” he said during an interview with Bloomberg today.
The minister said the 2021 growth projection would be well supported by the ongoing stimulus packages, Budget 2021 and the recent Malaysian Economic and Rakyat’s Protection Assistance Package (Permai). - Bernama
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