Malaysia’s Economy Improving Amidst COVID-19 Due to Government Efforts: Prime Minister Yassin 

The economic situation of Malaysia is expected to improve in 2021, in alignment with the Government of Malaysia’s efforts towards the recovery of economic activity and global trade, despite COVID-19, said Prime Minister Tan Sri Muhyiddin Yassin at a recent television interview.

Why it Matters?

As a result of the Government’s plans, improvement has already been recorded, with exports and imports on the rise. Further, the number of workers employed reached 150,000, which is far higher than the estimated 120,000. Also, as per projections of international bodies, experts and Bank Negara Malaysia, the country should see 6.5-7.0% growth in 2021.

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