COMMENT | Bank Negara M'sia will ensure financial system remains stable
| Yesterday, Bank Negara Malaysia announced the country’s economic growth, as measured by Gross Domestic Product , is projected at between -2.0 to +0.5 percent in 2020.
Domestic conditions continue to be challenging as the threat of Covid-19 has impacted all facets of the nation. We have collated and considered all feedback, and certain areas have been identified for fine-tuning and improvements. All Malaysians must play their part and be united in responding to this fight. As mentioned by our Prime Minister, “We are a nation at war with invisible forces”. And let us add that while the threat may be invisible, it is certainly not undefeatable.
Nevertheless, we have the capacity and fiscal space to meet future uncertainties, and the government is fully aware of the need to be agile and to respond swiftly.
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