Malaysia is facing ‘stagflation’, says Najib | The Malaysian Insight

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Malaysia is facing ‘stagflation’, says Najib

Former prime minister Najib Razak says he warned the government about its plan to ditch electricity subsidies but was ignored. – The Malaysian Insight file pic, April 17, 2021.

MALAYSIA is now facing “stagflation” due to high inflation rates, unemployment and a stagnant economy, said former prime minister Najib Razak., he said the Malaysian economy had reached a point that is undesirable for most countries. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

 

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