Tengku Zafrul Aziz says Malaysia’s ratio of debt service payments to revenue is expected to exceed 18%.

This is in line with the government's growth projection of between 5.3% and 6.3% for 2022.

The services and manufacturing sectors continued to drive economic growth, expanding by 6.5% and 6.6% respectively.

Jobs are still vanishing across manufacturing and service sectors, a reminder that liberal President Moon Jae-in's promises to boost employment have not materialised.

They say it is time for 'comprehensive and brutal reforms'.

Bank Negara’s economic outlook for 2021 shows a realistic assessment of the underlying conditions of the economy and the downside risks but is over-optimistic on growth.

He says the government's debt is still below the statutory limit despite questions about the country's fiscal data.

Muhyiddin Yassin says Malaysia needs to pursue a 'shoot-for-the-moon' approach.

Full-year gross domestic product shrank 5.6%, marking the worst performance since a 7.4% drop in 1998 during the Asian financial crisis.

The dramatic fall in foreign direct investment in 2020 is due to short-term factors but it is a warning that Malaysia must revise its FDI strategy to face regional competition.

Electrical products held the biggest share of total exports last year, while a surge in rubber products showed a silver lining in the new norm brought on by the pandemic worldwide.

The government estimates a 1.8% increase in employment rate next year.