Malaysia's shadow economy worth 20pc of GDP.

Malaysia's shadow economy is uncommonly high for a developing country, observed Lim Guan Eng. The finance minister said that in developing countries, the shadow economy normally takes up 12 percent of the nation's gross domestic product (GDP), but in Malaysia, that percentage is a lot higher. When we talk about shadow economy, in most economies it is around 5 percent. In developing countries, it is around 12 percent but in Malaysia, it is very high. It is...