According to the World Bank, Malaysia is expected to be on the
recovery path starting end of this year. The World Bank Country Manager, Dr
Firas Raad said that the country needs to continue encourage public health
measures while bringing the economy back from contraction due to the pandemic
outbreak. Malaysia need to also continue supporting vulnerable households and
focus on the firms that need support and recovery, especially SMEs. Firas also said
that Malaysia should continue its effort on the reform agendas such as those
involving governance, economic, education in order to achieve a high-income
nation status.
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