It says economy will grow 6.9% in 2021 but calls for a deepening of social assistance for lower-income households. FMTNews WorldBank Malaysia Economy
World Bank warns that the pandemic also raises the need for a more enhanced social protection system in Malaysia.
However, it warned that the pandemic – coupled with a changing world of work – also raised the need for a more enhanced social protection system in Malaysia. “Protecting livelihoods is important so that those who have lost their jobs and businesses are able to get back on their feet and contribute to Malaysia’s economic recovery,” he added in a statement.
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