PM says economy to lose up to RM17.3 billion due to coronavirus
A man wearing a mask taking a nap as a precaution against the Covid-19 virus after Friday prayers at the National Mosque in Kuala Lumpur today. – The Malaysian Insight pic by Hasnoor Hussain, March 13, 2020.
THE coronavirus pandemic is expected to shave off 0.8% to 1.2% in economic output, or gross domestic product this year, said Prime Minister Muhyiddin Yassin. This is the equivalent to losing RM10.8 to RM17.3 billion across all sectors, with the hardest hit being tourism, small and medium enterprises and transport.
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