Fitch Solutions foresees Malaysia’s economy to grow 1.2% in 2020

Fitch Solutions foresees Malaysia’s economy to grow 1.2% in 2020

the Sun Daily - Business·2020-04-17 11:16

PETALING JAYA: Fitch Solutions projected Malaysia’s real gross domestic product (GDP) growth to come in at 1.2% this year, amid a worsening external outlook due to a global recession, low oil prices and a weak private consumption outlook.

Its forecast is below Bloomberg’s consensus of 4.0%.

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