Economics

Malaysia’s Lockdown Leads Economists to Lower Growth Estimates

Ddeserted streets during a nationwide Movement Control Order in Kuala Lumpur, Malaysia.Photographer: Samsul Said/Bloomberg

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By Anisah Shukry

May 31, 2021 at 5:42 AM UTC

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Malaysia’s new national lockdown to fight a surge in Covid cases could shave as much as two percentage points off economic growth this year, according to analysts’ estimates.