Business

World Bank’s downward revision of Malaysia’s GDP expected, says Azmin

Published on 28 Jun 2021 7:14:19 PM

The World Bank’s downward revision of Malaysia’s gross domestic product (GDP) to 4.5 per cent for 2021 was expected, said Datuk Seri Mohamed Azmin Ali.

The International Trade and Industry Minister said that on Monday (June 28), adding that the government’s various stimulus packages amounting to RM380 billion had softened the impact of lockdown, resulting in some positive indicators in the first quarter of 2021.

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