APRIL 27 ― The Institute for Democracy and Economic Affairs and the Center for Market Education express concerns over the limited debate surrounding issues of political economy and the long-term consequences of implemented policies.
The CEOs of the two think tanks, Tricia Yeoh and Carmelo Ferlito, wish to bring to public attention the following economic policy decisions that have been recently taken, announced and implemented without proper debate and without a sober reflection on the long-term potential negative unintended consequences.
Some of the main economic policy decisions that have been taken without serious public discourse include the new EPF withdrawal that has depleted RM40 billion of EPF funds in an instant, putting at risk the future financial stability and retirement of poorer households. — Reuters pic
Source: News Formal (newsformal.com)
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