Malaysian economy needs RM45b stimulus to stave off recession, says ex-finance minister | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 86%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Malaysian economy needs RM45b stimulus to stave off recession, says ex-finance minister

Thursday, 20 Aug 2020 12:13 PM MYTLim urged the government to consider another round of economic stimulus worth at least RM45 billion. — Picture by Sayuti Zainudin

“There is no reason for the federal government to be so stingy about injecting an additional RM45 billion, when there is sufficient liquidity in the domestic debt market of RM1.6 trillion to sustain such borrowings. He said manufacturing makes up 21 per cent of Malaysia’s gross domestic product and comprised 80 per cent of total exports in 2019.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 1. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

JPMorgan hires ex-UK finance minister Javid | Malay MailLONDON, Aug 18 —  Wall Street giant JPMorgan has hired Britain’s former finance minister Sajid Javid as a senior advisor, the bank said yesterday, a move that sees the politician resume his career in investment banking. Javid quit his role in government earlier this year after falling out...
Källa: malaymail - 🏆 1. / 86 Läs mer »

Canada finance minister announces his resignation | Malay MailOTTAWA, Aug 18 — Canada's finance minister Bill Morneau announced his resignation yesterday, on the heels of an ethics scandal and amid a reported split with Prime Minister Justin Trudeau over pandemic spending. Morneau, who has held the post since 2015, told a news conference that he met with...
Källa: malaymail - 🏆 1. / 86 Läs mer »

Canada's Trudeau taps ally Freeland as finance minister, promises bold recovery plan | Malay MailOTTAWA, Aug 19 — Canadian Prime Minister Justin Trudeau appointed his close ally and deputy Chrystia Freeland as finance minister yesterday and promised “bold new solutions” to help Canada recover from the pandemic. Freeland, 52, a former journalist and foreign minister, becomes the country's...
Källa: malaymail - 🏆 1. / 86 Läs mer »