Malaysia, Thailand committed to deepen cooperation to spur economic recovery ...Middle East

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BANGKOK: Malaysia and Thailand are committed to strengthening their cooperation with regard to trade, investment and tourism to spur post-Covid-19 economic recovery in both countries, amidst the ongoing Russia-Ukraine conflict and global inflationary pressures. Minister in Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed said the Russian invasion of Ukraine has hampered Malaysia and Thailand’s post-Covid economic recovery as it had led to a surge in the prices of various commodities, especially oil, gas and grains.He noted that the World Bank had lowered its annual global growth forecast for 2022 from 4.1 per cent to 3.2 per cent, while the International Monetary Fund had als

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Malaysia, Thailand committed to deepen cooperation to spur economic recovery ...Middle East

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