BNM believes Covid-19 impact on economy not severe if situation is contained | Malay Mail

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BNM believes Covid-19 impact on economy not severe if situation is contained

Wednesday, 12 Feb 2020 03:29 PM MYT

It really depends on how the virus spreads and evolves, as well as responses by countries to the outbreak, its governor, Datuk Nor Shamsiah Mohd Yunus said. In Malaysia, so far 18 people were diagnosed with Covid-19, which originated from Wuhan, China. Twelve of them are China nationals, while six are Malaysians.

“The stimulus package will help the affected groups and to better secure our growth. But you need to balance the growth stimulus All these will be taken into account in the stimulus package,” she said. “The resumption of large infrastructure projects, namely Mass Rapid Transit 2, Pan Borneo Highway and Light Rail Transit 3, Gemas- Johor Bahru Double-Track Project and East Coast Rail Link , is also anticipated to contribute around one percentage point to the growth,” she said.

 

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