Malaysia’s Economic Recovery Remains Elusive without Clear Plans to Address Downside Risks
Adding to the chorus of caution surrounding BNM's optimistic GDP growth projections is the ADB's recent growth estimate of 6% for Malaysia in 2021 at the lower bound of BNM's range. Indeed, given the low vaccination rates and rising case numbers suggestive of a fourth wave, recovery remains elusive without clear plans to address downside risks. With this in mind, our Economics Team will be introducing 10 strategies to rebuild Malaysia better and address the downside risks to growth.
