Economist accuses govt of using outdated indicators

Chan Kok Leong

An economist has criticised the constant flip-flops on the SOP to curb Covid-19 and the economic impact of the MCO on ordinary folk. – The Malaysian Insight pic by Irwan Majid, January 21, 2021.

THE economic indicators used by the Finance and International Trade Ministries, which claim the economy is doing well are outdated, said Dr Muhammed Abdul Khalid.

“They said that the 2020 Q3 (third quarter) GDP was not so bad but the Q2 was the worst ever with no investments coming in,” said the economist on the Jom forum last night.

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