PETALING JAYA: Bank Negara’s move to adjust downward the lower end of its growth projection for 2021 indicates that risks remain tilted towards the downside for the Malaysian economy, said economists.
Despite signs of gradual recovery, the national economy continues to see risks from a resurgence in Covid-19 cases and the relevant containment measures, delays in vaccination timelines, a shock in domestic commodity production as well as heightened financial market volatility.
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