Shoring Up Government Finances
Carmelo Ferlito, CEO, Center for Market Education (CME)
08-Sep-21 08:30

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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
Produced by: Philip See
Presented by: Khoo Hsu Chuang, Noelle Lim
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Categories: Business Analysis, Trends and Forecasts, Markets, Politics, Social Issues, Personal Finance, Investments, Financial Literacy, law & legal matters
Tags: Pandemic, Malaysia, Debts, Covid-19, Pandemic, Finance, GDP, Economy,