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Added on the 29/07/2020 14:00:00 - Copyright : EFE Inglés
Klang, Dec 17 (EFE/EPA).- Malaysia's economy is expected to grow by 6.7 percent in 2021 following a projected contraction of 5.8 percent in 2020 caused by the Covid-19 pandemic, according to the latest edition of the World Bank Malaysia Economic Monitor: Sowing the Seeds published on Wednesday. (Camera: FAZRY ISMAIL).SHOT LIST: WORKERS PRODUCE COFFEE AT THE CHUAN HOE COFFEE FACTORY IN KLANG, OUTSIDE KUALA LUMPUR, MALAYSIA.
Depok, Dec 15 (EFE/EPA).- The Indonesian government predicts that the nation's economy will contract between 0.6 and 1.7 percent this year, before rebounding to an estimated five percent growth in 2021. (Camera: BAGUS INDAHONO).SHOT LIST: WORKERS COOK AND DRY CRACKERS IN A FACTORY IN DEPOK, WEST JAVA, INDONESIA.
Marikina City, Dec 8 (EFE/EPA).- The World Bank has projected the Philippine economy to shrink by 8.1 percent in 2020 due to effects of COVID-19 quarantine measures, devastating typhoons in November, and the global recession. (Camera: ROLEX DELA PENA).B-ROLL OF A PUBLIC MARKET IN MARIKINA CITY, METRO MANILA, PHILIPPINES.
Britain's economy will rebound this year and not shrink as initially thought, but will grow far less than expected next year, finance minister Jeremy Hunt says as he presents his Autumn Statement to parliament. Gross domestic product will expand 0.6 percent in 2023, Hunt said citing the Office for Budget Responsibility fiscal watchdog, upgrading its prior forecast of minus 0.2 percent. GDP is then set to grow by 0.7 percent in 2024, which was sharply down from previous guidance for a 1.8-percent expansion. SOUNDBITE
The International Monetary Fund projects the global economy will grow 5.9 percent in 2021 and 4.9 percent in 2022, IMF chief economist Gita Gopinath says. SOUNDBITE