Finance Minister: Malaysia's fiscal position is solid

  • 📰 staronline
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 75%

United States News News

United States United States Latest News,United States United States Headlines

PETALING JAYA: Liquidity in the market and a solid fiscal position are among the reasons why the government is able to announce a hefty stimulus package worth RM250bil, says Finance Minister Datuk Seri Zafrul Tengku Abdul Aziz.

"Our fiscal position is solid and its about agility," he said during a talk show on Astro Awani on Friday night over the Perihatin Rakyat Economic Stimulus Package.

"One sector which is already showing this new thinking is in education where schools and teachers can now teach online," he said. "The is an unprecedented crisis, not only for us, but also other nations and our solutions cannot be the 'business as usual' approach."We have tried monetary policies as what other countries had also done, but what is crucial now is a fiscal injection," he said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Should create a similar fiscal for a year including fallen business and surely unemployment that will shoot up

Sure. I’ll believe it when I see the RM strengthening to 1 to THB10.

Help Top Glove, e.g. expand its business;Top revenue can be earned by the country. Help households start home industries (esp tasty Msian food) & enable them to sell online, to Malaysians & the world. Encourage agriculture so that Msia is self-sufficient. Other ideas, Msians?

Good! At least he has better answers than guanenglim who is forever using Malaysia takde wang! Ini 1MDB punya pasal!! Keeping all our money for ur DAP is it

For those who are Muslim..pls bear in mind everything that is happening now are in Allah SWT wills. Thankful n Grateful to Allah SWT first ❤

Then it shows PH indeed did a good job. Thanks Tun and his cabinet for past 22 months.

Of course. Thanks to Pakatan Harapan as previous government. 😁

ShahrilHamdan Tq and great job guanenglim

TZ, Will the Govt consider issuing Special Senior Citizen High Profit Bonds for Senior Citizens in the Middle class group to invest in for better returns to meet our retired expenses in view of the poor Fixed deposit rates?

Do u honestly know what you are saying. Need facts and figures

RameshRaoAKS Tq PH. U hv done great job to strengthen the economy for past 2 years.

Where the 250B coming from?

Yes, we have guanenglim to thank. Not you zafrul

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Finance minister: Malaysia in strong fiscal position, markets need cash injection to stimulate economy | Malay MailKUALA LUMPUR, March 27 — Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz is confident of Malaysia’s ability to bounce back from an economic downturn caused by the outbreak of Covid-19. He said the existing financial system will be able to lift the market as liquidity is still high....
Source: malaymail - 🏆 1. / 86 Read more »

Finance minister looking to retrieve 1MDB funds from US DoJ | Malay MailKUALA LUMPUR, March 27 — The government is pursuing the recovered money allegedly stolen from the 1Malaysia Development Bhd (1MDB) sovereign fund, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said today. He said related government agencies and the Attorney... Hahahaha I love how duplicitous it is. So someone stole the money, the US DoJ seized it and now they want it returned to the thief? PN might need to win next GE to gain that confidence level from international society before proceed to request to get funds back, FYI UMNO that protect MO1 fully still with government. Does america recognize illegal goverments?
Source: malaymail - 🏆 1. / 86 Read more »