GDP growth will depend on speed in containing virus spread

Lee Heng Guie SERCSERC executive director Lee Heng Guie said how quickly and efficiently Malaysia can contain the virus within the first half of 2021 will be a key determining factor.

PETALING JAYA: The Socio-Economic Research Centre (SERC) forecasts Malaysia’s gross domestic product (GDP) to grow between 4% and 6% this year, with the efficacy of the vaccine rollout and containment of the Covid-19 infection poised to play a critical role in economic recovery.

SERC executive director Lee Heng Guie said how quickly and efficiently Malaysia can contain the virus within the first half of 2021 will be a key determining factor.