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Malaysian economy could shrink more than earlier forecasts: finance minister

Malaysia’s central bank had forecast in April for growth in gross domestic product (GDP) of between -2% and 0.5% this year.

“But that forecast was made after just two weeks of movement curbs. We’re now more than five weeks in … so our GDP could shrink even more,” Finance Minister Tengku Zafrul Tengku Abdul Aziz said in an interview with a local television channel.


Source: Economy - investing.com

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