Nationwide MCO could shave 0.3 percentage point per month from 2021 GDP growth, warns CGS-CIMB
“The return of a nationwide lockdown raises the estimated daily economic loss in Malaysia’s economy to RM300 million per day versus RM200 milion per day for a targeted MCO 3.0, and our baseline asumption of the CMCO (conditional MCO) (RM150 million per day)."