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The Minister in the Prime Minister’s Department in charge of economy said this would however depend on the success of the lockdown including rapid vaccination.
“If the government’s measures, including rapid vaccination and lockdowns, accompanied by strict SOP, are successful in reducing the number of Covid-19 cases, Malaysia can look forward to strong economic recovery in the fourth quarter of this year,” he said at the virtual launch of the World Bank’s latest Malaysia Economic Monitor (MEM) titled “Weathering the Surge” yesterday.
Mustapa was responding to MEM’s downgrade of its earlier 6% economic growth forecast for Malaysia to 4.5% in 2021.
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