MIER sees economy rebounding by 3Q under best case scenario


In the National Economic Outlook 2020-21 report issued on Thursday, MIER chairman Tan Sri Dr Kamal Salih said under the best case scenario, Malaysia's real GDP in 2020 would likely to grow by 3.8% relative to 2019 or -0.29% from the 2020 baseline.

KUALA LUMPUR: The Malaysian Institute of Economic Research (MIER) projects economic activities including trade and investment to fully rebound by the third quarter of this year and further strengthen through 2021.

In the National Economic Outlook 2020-21 report issued on Thursday, its chairman Tan Sri Dr Kamal Salih said this projection was under its best case scenario.

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Kamal Salih , MIER , MCO , oil price , lockdown

   

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