PETALING JAYA: While there is some softening in economic activity, the current movement control order (MCO 3.0), along with the National Recovery Plan (NRP), should see the country on the path to recovery in the second half of the year.
RHB Bank Bhd group chief economist and head, market research, Dr Sailesh K. Jha said Malaysia’s fiscal, monetary and Covid-19 policy frameworks are calibrated appropriately to provide a floor on economic activity in case any downside risks to growth emerge in the next few quarters.
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