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Home News Item ADB trims Malaysia’s 2021 growth forecast to 4.7 pct
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ADB trims Malaysia’s 2021 growth forecast to 4.7 pct

september 22, 2021by Reacties uitgeschakeld voor ADB trims Malaysia’s 2021 growth forecast to 4.7 pct

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KUALA LUMPUR, Sept. 22 (Xinhua) — The Asian Development Bank (ADB) on Wednesday revised down Malaysia’s growth forecast this year to 4.7 percent from an earlier projection of 5.5 percent in July.

The main factors for the revision are the resurgence of COVID-19, causing the reimposition of nationwide containment measures and a lockdown, and continued political instability, the ADB said in a report.

“The l

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