The Importance of Independent Institutions

We discuss the importance of keeping institutions independant with economist Dr Nungsari Radhi off the back of the recent news that the newly created Special Task Force on Jihad Against Inflation has asked Bank Negara to explain its reasons for raising the Overnight Policy Rate by further 25 basis points to 2.25%. Dr Nungsari shares his concerns regarding the possibility of the government meddling in decisions made by independent institutions and just how effective the task force has been in addressing inflation. 

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