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Government cautiously optimistic on economic forecast – Ong

KUALA LUMPUR,The government is cautiously optimistic about the 2020 economic growth forecast and is ready to tackle the novel coronavirus situation accordingly, Deputy International Trade and Industry Minister Dr Ong Kian Ming said.

He pointed out that in Malaysia as well as globally, the situation is under control, although new cases are recorded daily.

“Many of those admitted due to the virus have recovered and discharged. The fatality rate is also low. On the economic front, we see a short-term impact but not long-term,” he said at the Chinese New Year CEO Dinner organised by Enterprise Asia here tonight.

Source: BERNAMA (News Agency)

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