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Shoring Up Government Finances

Carmelo Ferlito, CEO, Center for Market Education (CME)

08-Sep-21 08:30

Shoring Up Government Finances

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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Tags:  PandemicMalaysiaDebtsCovid-19PandemicFinanceGDPEconomyFinancial ServicesGovernment/Regulatory/Policy MakingEconomy, MarketsPolitics, News, Current Affairs


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