Business

Malaysia's economy contracted 17.1% in 2Q20

Published on 14 Aug 2020 4:46:18 PM

Chief Statistician of Malaysia Datuk Seri Dr Mohd Uzir Mahidin says Malaysia's gross domestic product (GDP) contracted by 17.1% for the second quarter of 2020 (2Q20), the lowest growth since the 11.2% contraction recorded for 4Q98 during the Asian Financial Crisis.

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