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Malaysia Headed for Recession in Six Months, Statistician Says

  • Recession follows slowest growth since the 2009 crisis
  • Country lost $5 billion in economic output in first quarter
General Views of Downtown Kuala Lumpur and Goldman's Office Building As Malaysia Slaps First Criminal Charge
Photographer: Nadirah Zakariya/Bloomberg

The Malaysian economy is about to feel the full brunt of the coronavirus pandemic.

After posting its slowest growth since the global financial crisis, the economy is set to slip into a recession in the next four to six months, the country’s top statistician said.