The World Bank has revised Malaysia’s 2020 GDP forecast to a contraction of 4.9% from the previously estimated 3.1% decline following the country's sharper-than-expected GDP contraction in Q2 due to the pandemic. However, despite the revision, Malaysia seems to be on track for recovery and will likely see growth in Q4 or 2021. We speak to World Bank economists to get their view on Malaysia's economic recovery and what needs to be done to keep it on track.



Image credit: Shutterstock

The World Bank has revised Malaysia&rsquo;s 2020 GDP forecast to a contraction of 4.9% from the previously estimated 3.1% decline following the country's sharper-than-expected GDP contraction in Q2 due to the pandemic. However, despite the revision, Malaysia seems to be on track for recovery and will likely see growth in Q4 or 2021. We speak to World Bank economists to get their view on Malaysia's economic recovery and what needs to be done to keep it on track.

Image credit: Shutterstock

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.