Anwar S Balancing Act Between Interest Rates And Falling Ringgit

Low interest rates in Malaysia contributed to the fall in the value of the ringgit, says Prime Minister Anwar Ibrahim. (Facebook pic)PETALING JAYA: Prime Minister Anwar Ibrahim has spoken of the need to carry out a balancing act between interest rates and halting the decline in the value of the ringgit.
He said low interest rates had contributed to the falling ringgit. On the other hand, a high interest rate would burden the small and medium-sized enterprises, but also prevent foreign investors from spending their money outside Malaysia.
“If I have RM1 million, I want to put it in a bank. I have a choice of Malaysia, Singapore and Indonesia. Singapore and Indonesia have high interest rates,” he said as an example.
“So, I choose to save it outside (in Indonesia and Singapore). That is our problem now,” Bernama quoted him as saying at a dialogue session with students of Universiti Sains Islam Malaysia.
A student had asked what the government was doing to strengthen the country’s currency.
Anwar, who is also finance minister, said despite the declining ringgit, the country’s economic growth continued to rise in the first quarter of this year, surpassing those of Singapore, Indonesia and China.
Malaysia’s level of foreign investment was good at RM71 billion in the first four months, he said. “We just have to find ways to bring back investments with several incentives.”
One way was to set up a financial hub in Johor and via the Malaysia My Second Home programme.
“We are thinking of several more measures.”
However, Anwar admitted that foreign investors still have a perception of instability in the country following rumours of a change of government in August.
“It is good that people are more confident in me than them (investors),” he said. “They say if Anwar is still leading, they have confidence the government will be stable. If others take over, they will withdraw.”
The prime minister added: “I’m not campaigning for the unity government but this is a fact.” - FMT

Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2023/06/anwars-balancing-act-between-interest.html

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini

Cerita Hidup Melayu Tapi Ramai Tidak Duduki Spm Anwar Bidas Bekas Menteri

papar berkaitan - pada 13/6/2023 - jumlah : 247 hits
Seramai 14 858 calon SPM dilaporkan tidak menduduki peperiksaan itu pada tahun lalu BANGI Perdana Menteri Anwar Ibrahim membidas seorang bekas menteri pendidikan yang didakwanya gagal sehingga menyebabkan ramai calon tidak hadir menduduki S...

Impossible To Sacrifice Even An Inch Of Our Land Says Anwar

papar berkaitan - pada 13/6/2023 - jumlah : 142 hits
PARLIAMENT Prime Minister Anwar Ibrahim has given his assurance that the government did not compromise on the nation s sovereignty in the maritime border agreements signed with Indonesia recently Speaking in the Dewan Rakyat today Anwar sai...

Parts Of Covid 19 Vaccine Deal Not Referred To Agc Pm Anwar Says When Asked About Irregularities Under Previous Govt

papar berkaitan - pada 13/6/2023 - jumlah : 247 hits
Parts of the Covid 19 vaccine procurement agreement was not referred to the Attorney General s Chambers Prime Minister Datuk Seri Anwar Ibrahim has revealed today He said there was some truth in what was raised in his earlier statement when...

Anwar Slams Ex Education Minister Over Spm Absentees

papar berkaitan - pada 13/6/2023 - jumlah : 194 hits
Over 14 858 Sijil Pelajaran Malaysia candidates were absent on their examination day last year PETALING JAYA Prime Minister Anwar Ibrahim has hit out at a former education minister over the high number of Sijil Pelajaran Malaysia examinatio...

Anwar Aljuburi Almadani Albakuti

papar berkaitan - pada 13/6/2023 - jumlah : 179 hits
Bukan main lagi kata Aljub di Parlimen biar flip flop asal berkepentingan rakyat Buat apa tak nak flip flop tetapi membebankan rakyat Kalau tak mahu flip flopkeputusan Kabinet dahulu masa Perikatan Nasional naik eletrik semua Saya tukar fli...

Apply Critical Thinking Don T Fall For Hate Speech Anwar Tells Students

papar berkaitan - pada 14/6/2023 - jumlah : 191 hits
University students should use their critical thinking and not simply absorb whatever hateful comments that politicians feed them according to Prime Minister Anwar Ibrahim Speaking at a talk session with a group of university students this ...

Anwar Untuk Bantu Rakyat Saya Akan Flip Flop

papar berkaitan - pada 13/6/2023 - jumlah : 191 hits
MalaysiakiniDewan Rakyat kecoh hari ini dengan pihak pembangkang menuduh kerajaan sebagai flip flop berhubung isu pemberian subsidi ayam dan telur serta biasiswa Jabatan Perkhidmatan Awam dalam bidang perubatan pergigian dan farmasi Menjawa...