KUALA LUMPUR, Aug 21 (Bernama) — The Malaysian government needs to expand its fiscal deficit to revive its economy in the post-pandemic period. It would also need to attract foreign investment from countries that have quickly recovered from the pandemic, says Adam Ho.
Adam Ho, managing director of the investment banking department of Asia Pacific Investment Bank, says Covid-19 continues to wreak havoc across the globe. As at August 19, there were 22.27 million confirmed cases globally with a mortality rate exceeding 3.5%. Malaysia’s situation is relatively optimistic with 9,219 confirmed cases and a mortality rate of about 1.35%.
