Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said based on forecasts by various agencies such as the World Bank and the International Monetary Fund, over 150 out of 195 countries globally were expected to record economic contraction in 2020. — Bernama pic
“The decision to reduce the OPR is aimed at accelerating the rate of recovery and further stimulate the country’s economy. To-date, the stimulus packages totalling RM295 billion have benefited around 800,000 businesses and saved an estimated 2.6 million jobs.
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