Setting the stage for next year


By JOY LEE

PETALING JAYA: While the economy is expected to be on a better footing in the fourth quarter (Q4), the prolonged movement restrictions are expected to substantially weigh on economic output this year and well into 2022.

This output gap, said RAM Rating Services Bhd (RAM Ratings), is largely due to the uneven pace of recovery across sectors and from the possible lasting economic scarring.

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