Finance Ministry monitoring impact of OPR hike on loan repayments | The Malaysian Insight

  • 📰 msianinsight
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Finance Ministry monitoring impact of OPR hike on loan repayments

Deputy Finance Minister I Mohd Shahar Abdullah says the government has introduced price controls and subsidies to help curtail inflation. – Ministry of Finance handout pic, August 8, 2022.

Deputy Finance Minister I Mohd Shahar Abdullah said Bank Negara Malaysia’s decision to increase the OPR by 50 basis points to 2.25% was made when the economic indicators were showing positive signs. Nuridah had asked about the expected duration of the current economic situation and what truth there was in the country heading towards hyperinflation.

He said the move has helped ensure the inflation rate in Malaysia for June this year was at a moderate level compared to other countries.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 8. in BE

Belgique Dernières Nouvelles, Belgique Actualités