Survey: 80pc think pandemic recovery will be at least two years, 50pc trust government to lead
For context, the report said 44 per cent of Malaysians believed the country’s recovery will take between two and three years while 36 per cent believed it would take over three years.
Only 3 per cent believed that the nation has already recovered while 17 per cent believed that the national economy will recover within a year.
For the United States, another economic powerhouse, only 7 per cent believed that their economy has recovered, 37 per cent believed that recovery will take a year, while 63 per cent believed that it will take more than two years for their economy to recover.
In terms of trust towards governmental efforts towards a national economic recovery, Malaysian respondents expressed faith in their government that was above the global average of 34 per cent.
The survey also found that most Malaysians gauge economic recovery in terms of the establishment of new business (84 per cent), an influx of tourism (83 per cent), as well as people being called back to work (83 per cent).
Other indicators also include people taking vacations (76 per cent) and new development or infrastructure projects being built (75 per cent).
The survey polled 21,503 adults aged 18 to 74 years’ old across 29 countries online.