More Trouble Ahead If Sabah Economy Not Managed Well Warns Think Tank



(FMT) – A think tank has warned of more difficult times for Sabah if the state’s economy is not managed well, calling for greater attention on economic management and leadership.
Institute for Development Studies (IDS) Sabah director Mohd Yaakob Johari said the state government also needs to release its revised GDP for this year as Sabahans might be worried about whether the state has enough funds to stimulate the economy.
He also pointed out that the state’s economy had already been on a downward trend over the past two years, making it hard for Sabah to attain a projected GDP growth of between 4% to 5.1% in 2020.
“The tourism sector has no doubt been badly battered by the Covid-19 pandemic. The loss in the sector could easily shave a quarter of the services sector’s contribution, which is RM39.4 billion to the total GDP (at RM85.4 billion) in 2020.
“If this is not addressed well, through a well-targeted stimulus package, Sabah’s economy could contract to between -8.0% to -11% and dive into deep recession this year.
“To make matters worse, in 2019, Sabah registered 5.8% unemployment, the highest in at least 10 years with 117,000 unemployed. Out of this 27,419 were graduates,” he said in a statement today.
Yaakob said the state government will also need to manage health and migrant issues, with a spike in Covid-19 cases related to migrants, or risk greater trouble ahead.
“We could expect higher unemployment, bankruptcy, corporate failures, business closures and joblessness with untold suffering for ordinary Sabahans,” he added.
 


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

https://www.malaysia-today.net/2020/09/19/more-trouble-ahead-if-sabah-economy-not-managed-well-warns-think-tank/

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Igp Warns Stern Action Against Foreigners Found Holding Dual Citizenship Looking To Cause Trouble During Sabah Election

Igp Warns Stern Action Against Foreigners Found Holding Dual Citizenship Looking To Cause Trouble During Sabah Election

papar berkaitan - pada 22/9/2020 - jumlah : 222 hits
Inspector General of Police Tan Sri Abdul Hamid Bador speaks to the press during a press conference at the Police Air Force Team Training Base in Ipoh September 11 2020 Picture by Farhan NajibKOTA KINABALU Sept 22 Police are not ruling out ...
Think Tank Clashes Umno Bersatu Discord Give Warisan Plus Edge In Sabah

Think Tank Clashes Umno Bersatu Discord Give Warisan Plus Edge In Sabah

papar berkaitan - pada 26/9/2020 - jumlah : 289 hits
SABAH POLLS Warisan Plus leads Gabungan Rakyat Sabah in the Sabah state election observed think tank Ilham Centre Of the 73 seats up for grabs it predicted Warisan Plus would comfortably win 23 while GRS would secure 19 The scales were tipp...
Sabah Pkr Leader Quits As Info Chief After Call For More State Seats Not Met

Sabah Pkr Leader Quits As Info Chief After Call For More State Seats Not Met

papar berkaitan - pada 16/9/2020 - jumlah : 350 hits
Sabah PKR information chief Simsudin Sidek has chosen to step down from the post after his call for the party to get 14 seats in the state election did not materialise Simsudin the Labuan PKR chief said he accepted and respected the decisio...
Anti Dam Movement Warns Political Pacts Of Going Ahead With Papar Dam

Anti Dam Movement Warns Political Pacts Of Going Ahead With Papar Dam

papar berkaitan - pada 20/9/2020 - jumlah : 272 hits
An anti dam NGO based in Ulu Papar Sabah has sent a strong message that it will reject any Sabah state government that supports the proposed Papar dam amid the ongoing state election In a statement the Taskforce Against Kaiduan Dam which cl...
It Is Still Anyone S Game In Sabah Ahead Of Tomorrow S State Polls

It Is Still Anyone S Game In Sabah Ahead Of Tomorrow S State Polls

papar berkaitan - pada 25/9/2020 - jumlah : 254 hits
Zainal Epi Malay Mail Online When campaigning for the Sabah state election officially ends at midnight tonight it will give rival parties time to take stock of their positions before polls open in the morning Incumbent Parti Warisan Sabah a...
Dr Mahathir Not Going To Sabah To Campaign For Warisan

Dr Mahathir Not Going To Sabah To Campaign For Warisan

papar berkaitan - pada 24/9/2020 - jumlah : 298 hits
Calling the state elections on Saturday undemocratic Mahathir said Sabahans had already chosen a government in GE14 PETALING JAYA Former prime minister Dr Mahathir Mohamad today said he will not be going to Sabah to campaign for Warisan ahe...
Sabah Pkr Eying More Than 25 Seats In State Elections

Sabah Pkr Eying More Than 25 Seats In State Elections

papar berkaitan - pada 8/9/2020 - jumlah : 294 hits
Christina Liew says PKR is looking at joining forces with DAP Warisan and Upko in the state elections KOTA KINABALU Sabah PKR today denied that it is upset over its alleged failure to reach an agreement with allies to contest 25 seats in th...
Mic Not Dead In Sabah Just In Hibernation Says Deputy President

Mic Not Dead In Sabah Just In Hibernation Says Deputy President

papar berkaitan - pada 16/9/2020 - jumlah : 265 hits
Human Resources Minister M Saravanan presenting a certificate of appreciation to a trainer under the HRDF Penjana Initiative in Kota Kinabalu today KOTA KINABALU MIC deputy president M Saravanan has denied that the state chapter has been di...
Sabah 2020 Ec Not Officially Prohibiting Covid 19 Patients From Voting

Sabah 2020 Ec Not Officially Prohibiting Covid 19 Patients From Voting

papar berkaitan - pada 21/9/2020 - jumlah : 307 hits
The Election Commission will not stop anyone from going out to exercise their right to vote in Sabah s election this week despite a spike in Covid 19 cases in the eastern part of the state NSTP picKOTA KINABALU The Election Commission will ...
Justice Beyond Life Tun Mahathir S Tribute To A Fallen Comrade

Whistleblower Himself May Be Implicated In Assemblymen Bribery Case Says Source

Perempuan Terkejut Bila Bayar Rm8 40 Untuk Secawan Milo Panas

Poll Finds Malaysians Divided Over Blanket Ban On 3r Discussions

Minta 2 Dapat 1 Lagi Pendedahan Video Pemberi Maklumat

Dua Lelaki Tular Curi Motosikal Diburu

Celebrate A Peranakan Christmas In Kuala Lumpur With Santa Grand Signature S Exclusive Buffet

Time To Engage China In Its Terms


echo '';
Senarai Lagu Separuh Akhir Muzik Muzik 39 Semi Final Muzik Muzik SFMM 2024 Persaingan Merebut Tiket Ke AJL Anugerah Juara Lagu

Biodata Terkini Fairuz Selamat Q Face Peserta Gegar Vaganza 2024 Musim 11 GV11 Penyanyi Lagu Izinkanlah

Biodata Terkini Arrora Salwa Salwa Razak Peserta Gegar Vaganza 2024 Musim 11 GV11 Penyanyi Lagu Ahmad

Biodata Terkini Penyanyi Liza Aziz Peserta Gegar Vaganza 2024 Musim 11 GV11 Adik Beradik Kepada Azlina Aziz

Senarai Peserta Gegar Vaganza 2024 Musim 11 GV11 Tonton Konsert Minggu 1 Pada 24 November Live Di Astro Ria Sooka Online


Pembungkusan Yang Berfungsi Menjaga Kesegaran Minyak Esensial

Makan Kerepek Pisang Tanduk Kawan Bagi

Family Mart Dan Gz Baiyun Airport Mehood Liz Hotel Guangzhou

Beg Tangan Jenis Mana Jadi Pilihan Wanita Moden

Business Website Boosts Credibility

Yang Lama Tidak Pernah Dilupakan