V-shaped economic recovery likely in 2021

Growth strategy: A research firms says the Covid-19 damages could be repaired through expenditure on infrastructure or construction.

PETALING JAYA: The government’s official guidance of a 6.5%-7.5% gross domestic product (GDP) growth in 2021 is largely in line with the forecasts of economists.

After falling into a recession in 2020, the Malaysian economy is projected to stage a “V-shaped” recovery next year.