Bank Negara governor expects improvement in 2H

Bank Negara Malaysia Governor Datuk Nor Shamsiah Mohd Yunus said in 2H 2020, the stimulus measures would provide a lift to the growth of consumption and we are going to see improvement in global growth, as more and more countries will reopen their economies.

KUALA LUMPUR: Malaysia's economic activity is expected to gradually improve in the second half of the year (2H 2020) after Covid-19 containment measures are eased and the domestic Movement Control Order (MCO) is lifted, said Bank Negara Malaysia.

Bank Negara governor Datuk Nor Shamsiah Mohd Yunus said that would allow a gradual resumption of economic activities in the country and a greater demand in the services sector.