More fiscal measures needed for vulnerable groups, informal sector - economist

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Jomo Kwame Sundaram says fiscal measures should have been better targeted.

More fiscal measures are needed in Malaysia, targeting the vulnerable groups and workers in informal sectors, to cushion the segment from an economic crisis brought by the Covid-19 pandemic.

Fiscal measures refer to the use of government spending and tax policies to influence economic conditions, especially macroeconomic conditions, including aggregate demand for goods and services, employment, inflation, and economic growth...

 

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