World Bank: Malaysia has little space for fiscal response if Covid-19 fallout drags on
KUALA LUMPUR, April 22 — The World Bank has cautioned the Malaysian government about its inability to respond effectively should the Covid-19 fallout drag on, citing Putrajaya’s limited fiscal space for extended intervention. South-east Asia’s third-largest economy is already struggling to shield its workforce and small businesses from the devastation wrought by the Sars-CoV-2 pandemic. […]
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