Malaysia economy to improve in 2021 in line with global recovery - PM

The government expects Malaysia's economic position to improve this year, in line with the recovery of global economic and trade activities, said Prime Minister Muhyiddin Yassin.

Citing a World Economic Outlook report, he said the world’s gross domestic product (GDP) in 2021 was projected to recover at 5.5 percent, while world trade was also projected to grow at 8.1 percent.

"International bodies such as the International Monetary Fund and World Bank in January 2021 projected that...