The government's Covid-19 stimulus packages are expected to contribute over four percentage points to GDP growth, according to the Economic Report, noting that the government's all four stimulus packages, comprising fiscal and non-fiscal measures, totalled RM305 billion or 21% of the nation's GDP.
The country’s fiscal deficit is anticipated to widen to 6% of GDP due to the implementation of economic stimulus packages and recovery plans, in addition to a lower GDP estimate and global crude oil prices.
“[Malaysia’s] labour market [is] showing signs of recovery,” the MoF said.
The increase was mainly due to a sharp contraction in GDP during the first half of the year, the Ministry of Finance (MoF) said in its Economic Outlook 2021 report.
Malaysian Association of Hotels CEO Yap Lip Seng: Hotels are coming up with creative products and services to sustain operations and such work-from-hotel packages are one of those where hotels are making use of their available resources to generate additional revenues.
839 patients were discharged, which means the total number of people who have recovered from Covid-19 in the country is 25,654.
The freehold parcel measures 33 acres (13.35ha).
“The parties have given their suitable dates and we are waiting for the court to decide.”
“Prior to Covid-19, there were 137 members of the media who attended parliamentary sittings. The Parliament administration needed to cut that to 60 members of the media, so they handpicked which media would get to attend.”
The respondents did not believe that now is a good time to acquire a residential property, and viewed current property prices as unaffordable.
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