World Bank cuts Malaysia GDP forecast

Malaysia’s 2020 GDP growth projection has been cut to to negative 0.1%.This is a sharp downward revision from its previous expectation of GDP growth of 4.5%.

PETALING JAYA: Uncertainties arising from the large-scale disruptions to economic activity due to the Covid-19 pandemic, has resulted in the World Bank slashing Malaysia’s 2020 GDP growth projection to negative 0.1%.

This is a sharp downward revision from its previous expectation of GDP growth of 4.5%.