So much to give with almost nothing left to spare

| Newly-minted Prime Minister Muhyiddin Yassin announced on Friday night a new RM250 billion stimulus package for the Malaysian economy, with the focus on stabilising small and medium enterprises and having a fresh injection of funds to our healthcare system to combat the Covid-19 outbreak.

Speaking specifically on the amount of the stimulus package, there are a few ways in which this could be achieved. Unconventional monetary policy such as quantitative easing through the purchase of government bonds has been proven effective in times of crisis. As these securities are sold, this will lead to an increase in money supply and banks possessing more liquidity.

By issuing the Samurai Bonds, we allowed investors easier access into the Malaysian economy as a) reducing the risk of exchange rate volatility for investors, and b) they will be abiding by their national financial regulations, with their government acting as the “legal regulator” for their investment in our nation.

Understandably, such a stimulus package is needed as people are left in dire circumstances. As Malaysians ponder on how and why nations such as the US and the UK announce outrageously huge lump sums of money to be injected into their economies, we need to be reminded that we are presented with a different set of circumstances.

Dramatic headline. Whatsup with your political knowledge, every country is in debt. How do you guys not know this? It’s fairly normal. During this pandemic people just want to survive- and that is the right call- something the PH party could not achieve.Thank god for the newGov!

RM5 to USD1 soon.

Cibal la lu DAP....menyalak serupa anjing...dasar babi

Honest article, but not sure correct bcos he is against the pakar ekonomi who create this. many like to write on bayangan, some part of the article are.

Point of being bankrupt

I believe the gov is doing its best for the country, the people and I believe it will not collapse in 22 months.

Great article Ryan! Unfortunately the singing masses of 'Mak Chik Kiah' won't understand. The PM will. You're right, the future of Malaysia, at the moment, humanly-speaking, rests in his hands. Will he ride only on the crescendo of that song too? Let's watch what he does.

So..what’s exactly do u want?

PH : So much to sell with almost nothing left to spare Sempoi baq ang!

Komplen

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