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Finance Ministry: Maintaining OPR in line with global economic development, decreasing Malaysian inflation

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KUALA LUMPUR, July 6 — The decision to maintain the Overnight Policy Rate (OPR) at 3.0 per cent is in line with the global economic development and the inflation rate in Malaysia...

KUALA LUMPUR, July 6 — The decision to maintain the Overnight Policy Rate at 3.0 per cent is in line with the global economic development and the inflation rate in Malaysia which shows a declining trend and remains stable.

This is supported by the decreasing level of unemployment, increased economic activity, especially tourism as well as the implementation of government projects which will continue to be accelerated to drive economic activity. The MoF said borrowers can get free counselling and loan repayment assistance through the Credit Counselling and Debt Management Agency.

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