BFM 89.9
The Business Station
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16 mins
16 mins
Finance Minister Tengku Zafrul Aziz proposes to raise the debt ceiling from 60% to 65% of GDP to have more buffer to fight the pandemic. Carmelo Ferlito, CEO, Center for Market Education discusses why borrowing more is a bad idea and the alternative including fiscal measures.
Image credit: Shutterstock.com
Presenter: Khoo Hsu Chuang, Noelle Lim
Producer: Philip See
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