Malaysia critically needs trade-based solutions, says BNM

Malaysia critically needs trade-based solutions to ease liquidity constraints brought by the Covid-19 pandemic, said Bank Negara Malaysia (BNM) assistant governor Adnan Zaylani Mohamad Zahid.

He said the pandemic, which led to subdued domestic demand and stringent containment measures, had resulted in a liquidity squeeze among Malaysian businesses, particularly small and medium enterprises (SMEs).

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