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Government Is Underspending On Covid-19 Aid

Tan KW
Publish date: Tue, 01 Jun 2021, 02:35 PM
Tan KW
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Government Is Underspending On Covid-19 Aid

01-Jun-21 08:45

Pankaj C. Kumar, Financial Market Columnist and former Chief Investment Officer

Yesterday, Prime Minister Tan Sri Muhyiddin Yassin yesterday night announced RM40 billion in economic package, of which RM5 billion is direct fiscal injection. Pankaj C. Kumar, financial market columnist, makes a case for increasing spending and its impact on our debt yield and ratings, and the Ringgit.

Image Credit: EPA-EFE

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