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).