Next 3 To 6 Months Crucial For Economic Recovery Says Tengku Zafrul


Finance Minister Tengku Zafrul Aziz says Malaysia’s move to lower the overnight policy rate is driven by global economic conditions.KUALA LUMPUR: The coming three to six months will be crucial for the successful implementation of the National Economic Recovery Plan (Penjana), which is expected to show results by the third or fourth quarter of 2020, the finance minister said
Tengku Zafrul Aziz said Malaysia’s move to cut the overnight policy rate (OPR) today to a record low of 1.75% from 2% previously was driven by global economic conditions, which were still in the early stages of recovery from Covid-19
He said that based on forecasts by various agencies such as the World Bank and International Monetary Fund, more than 150 of the 195 countries globally were expected to record economic contraction in 2020
“The decision to reduce the OPR is aimed at accelerating the rate of recovery and further stimulate the country’s economy
“The government believes that this move, combined with proactive measures deployed since March under the Prihatin and Prihatin SME+ economic stimulus packages and, more recently the National Economic Recovery Plan (Penjana), will be able to regenerate the economy by creating jobs, restoring consumer and investor confidence, as well as containing the likelihood of a sharp economic contraction,” he said in a statement
Tengku Zafrul stressed that Malaysia’s economic recovery was also subject to the collective effort of all parties, including corporates, small and medium enterprises, businesses and consumers
He said the stimulus packages totalling RM295 billion had benefited about 800,000 businesses and saved an estimated 2.6 million jobs
Tengku Zafrul said Malaysia had demonstrated its resilience in managing various challenges, including the Asian financial crisis and the global financial crisis, due to its sound economic fundamentals and robust institutional framework, as well as well-regulated financial and capital markets
Earlier, Bank Negara Malaysia said the cut in OPR would provide additional policy stimulus to accelerate the pace of economic recovery in the wake of the Covid-19 crisis. - FMT

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

http://malaysiansmustknowthetruth.blogspot.com/2020/07/next-3-to-6-months-crucial-for-economic.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MalaysiansMustKnowTheTruth+%28Malaysians+

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
Put Politics Aside Time For Federal And State Governments To Face Economic Challenges Says Azmin

Put Politics Aside Time For Federal And State Governments To Face Economic Challenges Says Azmin

papar berkaitan - pada 30/6/2020 - jumlah : 390 hits
Datuk Seri Mohamed Azmin Ali surrounded by members of media in Shah Alam on Monday K K Sham The Star PETALING JAYA The federal and state governments have a joint duty to face economic challenges arising from the Covid 19 pandemic says Datuk...
Jakim S Covid 19 Fund Available For All In Need Says Minister

Jakim S Covid 19 Fund Available For All In Need Says Minister

papar berkaitan - pada 7/7/2020 - jumlah : 323 hits
De facto religious affairs minister Zulkifli Mohamad said today the Musa adah Covid 19 fund is available to assist anyone in need who were affected by the Covid 19 outbreak Zulkifli said this includes non Muslims Orang Asli fisherfolk and c...
Reject Mahathir S Candidate For Pm9 Says Pkr

Reject Mahathir S Candidate For Pm9 Says Pkr

papar berkaitan - pada 29/6/2020 - jumlah : 242 hits
Any decision on Pakatan Harapan s candidate for the prime minister s position must be decided by the coalition s Presidential Council said PKR today In a statement PKR secretary general Saifuddin Nasution Ismail said no one should make use ...
Selangor To Reveal Rm50 Bln Covid 19 Economic Recovery Plan

Selangor To Reveal Rm50 Bln Covid 19 Economic Recovery Plan

papar berkaitan - pada 13/7/2020 - jumlah : 270 hits
Menteri Besar Dato Seri Amirudin Shari will be tabling Selangor s third economic stimulus package as the state s economic recovery plan with a total allocation of over RM50 billion The package themed Strengthening People s Resilience Stimul...
Promised Rm3 Bil But Only Given Rm400 Mil For Flood Mitigation Says Sabah

Promised Rm3 Bil But Only Given Rm400 Mil For Flood Mitigation Says Sabah

papar berkaitan - pada 8/7/2020 - jumlah : 326 hits
Donggongon town the main township in Penampang Sabah flooded on June 28 KOTA KINABALU Past federal governments have given Sabah just slightly over RM400 million of a promised total of RM3 billion in the last 24 years to tackle floods in fou...
Demand For Interns Up Says Recruiter

Demand For Interns Up Says Recruiter

papar berkaitan - pada 9/7/2020 - jumlah : 358 hits
There has been an increase in intern vacancies in the financial and information technology sectors as well as in business and management PETALING JAYA Economic setbacks caused by the Covid 19 pandemic have raised the demand for interns beca...
Bosses Must Follow New Housing Standards For Workers Minister Says

Bosses Must Follow New Housing Standards For Workers Minister Says

papar berkaitan - pada 7/7/2020 - jumlah : 268 hits
Human Resources Minister M Saravanan and senior minister Fadillah Yusof inspecting workers sleeping and bathing quarters during a visit to a workers hostel in Bangsar South KUALA LUMPUR Human Resources Minister M Saravanan today reminded em...
Opposition Gearing Up For Snap Polls Says Shafie

Opposition Gearing Up For Snap Polls Says Shafie

papar berkaitan - pada 14/7/2020 - jumlah : 225 hits
The opposition is preparing for early elections after a crucial vote in the lower house this week showed Prime Minister Muhyiddin Yassin may lack a parliamentary majority says Shafie Apdal a potential rival for the top post Muhyiddin yester...
Pm For Third Time A Bit Much But I D Like To Help Anwar Says Dr M

Pm For Third Time A Bit Much But I D Like To Help Anwar Says Dr M

papar berkaitan - pada 27/6/2020 - jumlah : 350 hits
Dr Mahathir Mohamad says he has no desire to return for a third stint as prime minister although he would like to help PKR president Anwar Ibrahim attain a majority in the Dewan Rakyat Speaking in an interview with news portal Asia Times he...
Beli Rumah Lebih Jimat Dengan Kempen Hartanah Bumiputera Matrix

Tattoos Raised And Itchy

Bersatu Man Demands Dnb Exit Strategy For U Mobile

Khutbah Jumat Jumadil Awal Tangis Ibnu Rawahah Jelang Perang Mu Tah

Tattoos Portland Maine

Kisah Adv 160 Pengajaran Dari Bateri Lemah

Bertolak Ansurlah

Haram Guna Dan Jual Vape Dewan Pemuda Pas Pahang Zahir Sokongan Penuh Terhadap Titah Sultan


echo '';
Senarai Lagu Tugasan Konsert Minggu 1 Gegar Vaganza 2024 Musim 11

Info Dan Sinopsis Drama Berepisod Dhia Kasyrani Slot Akasia TV3

Biodata Terkini Reshmonu Peserta Gegar Vaganza 2024 Musim 11 GV11 Penyanyi Lagu Hey Waley

Gegar Vaganza 2024 GV 11 Hadiah Tiket Peserta Juri Format Pemarkahan Dan Segala Info Tonton Live Di Astro Ria Dan Sooka

6 Janji Donald Trump Kalau Dia Naik Jadi Presiden Semula


Mixology Vape S Commitment To Quality Crafting The Best Vape Flavours Nz

Pensyarah Didakwa Hina Nabi Jawi Turut Buka Siasatan

Murid Buktikan Pada Guru Lembu Makan Martabak

The Difference In The Concept Of Illicit Relationship Between Muslims And Non Muslims

Tiada Masalah Pas Ketuai Pn Tapi Bincang Dulu Kata Pemimpin Bersatu

Cek Pertama Dari Google Adsense