Pemerkasa Falls Short Of New Deal Says Economist


 
In supporting the move to end large-scale MCOs, economist Carmelo Ferlito says Malaysians need to learn to live with the virus.PETALING JAYA: The government’s latest list of initiatives for economic recovery under the Pemerkasa programme has fallen short of the “new deal” promised by Prime Minister Muhyiddin Yassin, says an economist.
Geoffrey Williams of the Malaysian University of Science and Technology (MUST) said his initial impressions of Pemerkasa was “a long list of increasingly small initiatives”.
Williams questioned if the recently introduced financial aids were new money, or simply a reallocation of the 2021 budget, like in the case of the PERMAI relief package.
“If it is a reallocation, it would not provide much stimulus but just help us through the ‘survival trap’,” he told FMT.
Geoffrey Williams“It not only shows that the government is worried about the tipping point we have been predicting but also that it is using less money to help out.”
He noted that the various small-scale projects under the programme, like the one-off RM1,000 payment for small- and medium-sized enterprises (SMEs) under the extended special PRIHATIN grant was “too little to make much of a difference”.
Williams added that the daily RM50 for Covid-19 patients from the B40 group who are isolating at home was a “kind” effort, but not a sustainable solution either.
However, he said he was glad to see that the Malaysian Insolvency Department would facilitate its dealings with banks for bankrupt individuals to receive government aid and that there would be no more blanket lockdowns.
Chief executive of the Center for Market Education, Carmelo Ferlito, expressed similar sentiments, saying the promise to avoid large-scale movement control orders (MCOs) was a “huge step in the right direction”.
“Whether or not the immunisation campaign is effective, we need to learn to live with the virus for the time being, until a full treatment is developed,” he said in a statement.
In contrast to Williams, however, Ferlito welcomed the government’s attempt to move towards more targeted aid rather than generalised subsidies, particularly the tax reductions.
Carmelo Ferlito“Tax cuts can be the most effective way to counteract the downturn and will be effective in reawakening positive profit expectations.
“However, they need to be accompanied by a better strategy on international borders, in particular a more effective strategy for attracting business travellers,” he said.
Ferlito also urged the government to monitor the long-term effects of its fiscal packages over the past year, as there was a risk of recurring tax increases once the economy recovered.
He added that fiscal incentives that were “too aggressive” could also generate “dangerous inflationary tendencies, which can already be seen worldwide in the dynamics of raw material prices”. - FMT


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

http://malaysiansmustknowthetruth.blogspot.com/2021/03/pemerkasa-falls-short-of-new-deal-says.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MalaysiansMustKnowTheTruth+%28Malaysians+M

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
Muhyiddin Says Perikatan Here To Stay Offers New Deal To All Malaysians

Muhyiddin Says Perikatan Here To Stay Offers New Deal To All Malaysians

papar berkaitan - pada 14/3/2021 - jumlah : 274 hits
Perikatan Nasional is offering a New Deal to the rakyat in the belief that it is a political coalition which will carry the country s aspirations for generations to come said PN chairman Tan Sri Muhyiddin Yassin Muhyiddin who is also the pr...
Stop Party Hopping With New Deal For Mps Says Pkr Man

Stop Party Hopping With New Deal For Mps Says Pkr Man

papar berkaitan - pada 9/3/2021 - jumlah : 258 hits
Subang MP Wong Chen has proposed four ways to prevent party hopping among legislators PETALING JAYA Subang MP Wong Chen has called for reforms to give opposition MPs a better deal with more powers as a means to prevent party hopping by diss...
Pm S Latest Aid Package Falls Short Ex Finance Minister

Pm S Latest Aid Package Falls Short Ex Finance Minister

papar berkaitan - pada 18/3/2021 - jumlah : 235 hits
Former finance minister Lim Guan Eng said Prime Minister Muhyiddin Yassin s latest aid package was not enough to get the country through the recession He said this in response to the RM20 billion package Program Strategik Memperkasa Rakyat ...
Covid 19 1 683 New Cases 3 Deaths Recorded In Malaysia Today Says Health Dg

Covid 19 1 683 New Cases 3 Deaths Recorded In Malaysia Today Says Health Dg

papar berkaitan - pada 7/3/2021 - jumlah : 249 hits
Dr Noor Hisham Bernama photo KUALA LUMPUR The number of daily Covid 19 positive cases in the country remained below 2 000 for the second straight day with 1 683 cases reported today said Health director general Tan Sri Dr Noor Hisham Abdull...
Perikatan S New Deal Points To Ponder

Perikatan S New Deal Points To Ponder

papar berkaitan - pada 17/3/2021 - jumlah : 236 hits
TO say that the last three years have been topsy turvy is an understatement Malaysia went through a paradigm shift in politics that resulted in a new government being sworn in after the last general election However after 22 months in power...
Economist Calls For New Taxes Next Year

Economist Calls For New Taxes Next Year

papar berkaitan - pada 21/3/2021 - jumlah : 284 hits
An economist has called for the speedy introduction of new taxes so that the country can avoid another economic downturn just when a boom is on the horizon Speaking to FMT Barjoyai Bardai of Universiti Tun Abdul Razak said it would be good ...
Defections Only A Short Term Gain For Pn Says Analyst

Defections Only A Short Term Gain For Pn Says Analyst

papar berkaitan - pada 15/3/2021 - jumlah : 261 hits
WITH Dr Xavier Jayakumar being the latest MP to resign from his party to back the government a political analyst believes that defections will provide Perikatan Nasional with only short term stability Political observer Azmi Hassan a former...
Unfair To Label Police As Cruel Says Igp

Unfair To Label Police As Cruel Says Igp

papar berkaitan - pada 17/3/2021 - jumlah : 521 hits
Inspector General of Police Tan Sri Abdul Hamid Bador speaks to media after visiting the construction site for the new Jeli District police headquarters in Jeli February 27 2021 Bernama picKUALA LUMPUR March 17 Inspector General of Police T...
Kampar Mp Says Sorry For Losing Cool But Wants Dap To Look Into Complaints

Kampar Mp Says Sorry For Losing Cool But Wants Dap To Look Into Complaints

papar berkaitan - pada 17/3/2021 - jumlah : 261 hits
DAP s Kampar MP Thomas Su today extended an apology for causing a commotion during the Perak DAP state election on Sunday Su said he took responsibility for the incident and that his action did not reflect the manner in which DAP would figh...
Rasa Masakan Korea Soondubu Jigae Beef Di Dubuyo

China S President To Host Official Dinner For Anwar

I Bought A Toy Like Vape Online Mp Tells Dewan Chamber

Drama One Cent Thief 2 Lakonan Syafiq Kyle Azira Shafinaz

Unlocking Savings Expert Tips For Finding Discounted Cigarettes In Australia

Kips Bay Decorator Show House Dallas 2024 An Exquisite Showcase Of Design

India Secebis Kenangan Di India Random Photos

Anwar Slams Hypocritical Criticism Over His Response To Najib S Apology


echo '';
Biodata Terkini Penyanyi Illa Sabry Peserta Gegar Vaganza 2024 Musim 11 GV11

Info Dan Sinopsis Drama Berepisod Senyawa iQIYI Malaysia

Info Dan Sinopsis Drama Berepisod Project Projek Exit Astro Originals

Pelajari Asal Usul Nama Makhluk Seram Kisah Fiksyen Barat Yang Terkenal

10 Fakta Filem Kahar Kapla High Council Yang Ramai Tak Tahu Prekuel Drama Project Projek High Council


Sayonara Iza Arina

Build A Strong Team For A Startups

Simple Menu Untuk Dinner

Lirik Lagu Pendam Rasa Evanatie

Kolaborasi Skin Hero Mobile Legend X Naruto Spipudden

Filem Babah