Is Malaysia’s RM7bil response to Covid-19 good enough?

Manokaran Mottain: Stimulating private consumption, which remains the engine of growth, is of utmost importance to mitigate the overall impact on Malaysia's GDP in the near term

THE global economic outlook has been clouded as early as in the first month of the New Year, no thanks to the outbreak of the novel coronavirus epidemic (Covid-19) in Wuhan, China.

Fears of a potential global downturn are mounting as China has now become a much larger economy and is more connected to many regions via an integrated global value chain.