The new Covid lockdown in Malaysia will not hit the economy as much as last year, says the finance minister
SINGAPORE — On Friday, Finance Minister Zafrul Aziz said that the ongoing lockdown of Malaysia to contain Covid-19 would hit the economy much less than the previous one when more economic activity was limited. The new round of steps cost Malaysia a lost economic production or GDP of an estimated 700 million ringgit ($172.7 million) a day, the minister said. …
