Malaysia should bolster private sector for post-pandemic recovery: World Bank
Kuala Lumpur
THE ongoing lockdown measures will put a dent on consumption activity and Malaysia should focus on boosting the resilience of the private sector to help jumpstart the economy after the pandemic, said economists at the World Bank.
A recent report by the World Bank showed that the Covid-19 outbreak has exposed the gaps and vulnerabilities in the country's private sector, particularly the small and medium-sized enterprises (SMEs).
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Vietnam tycoon appeals against US$27 billion fraud death sentence
US announces new restrictions on firearm exports
Central banks will probably only cut half as much as they hiked
US consumer sentiment falls as inflation expectations climb
HSBC wins £1.3 billion suit over Disney film finance scandal
WTO countries to reboot dispute reform negotiations