Experts: Budget is good start but implementation may be an issue
Prof Dr Yeah commented that Budget 2022 should ensure efficiency and effectiveness in the spending through monitoring the outcome so no one is left behind.
Tight fiscal headroom raises eyebrows
Dr Yeah Kim Leng voiced concern over the 3rd straight year of expansionary budgets as the debt service charge is close to the unsustainable threshold of 20%.
Expansionary budget to mitigate Covid-19 fallout expected
Prof Dr Yeah Kim Leng expects higher spending for welfare, education, reskilling and job creation programmes to sustain the economic recovery in Budget 2022.
Economists voice concern over high cost of HSR project, advise review
Dr Yeah Kim Leng said the government must review the economic viability of the HSR as the break with Singapore leaves the project less feasible.
Experts advise review and revision of NEP to suit current times
Prof Dr Yeah advocates a shift from a bumiputra-focused NEP to a ‘pro-poor’ policy, in line with UN SDGs and the Malaysian Family agenda.
All set for interstate travel
Prof Yeah said easing travel restrictions would enable greater economic and social activities to take place that in turn would boost consumption spending.
Leading Index growth instils confidence in economy
Prof Dr Yeah Kim Leng said leading indicator (Leading Index) which points to sustained recovery momentum, is encouraging
Govt assistance goes a long way in uplifting those in need
Prof Dr Yeah Kim Leng said the revision in the national poverty line income (PLI) is helpful in terms of allowing more households to fall under the new threshold and be included in government aid and targeted programmes
Why millennials still can’t save
Prof Dr Yeah Kim Leng said millennials should strive to have adequate savings first to meet unforeseen emergencies and then expand over time to meet their other needs.
Ringgit-denominated IRS by non-resident banks a positive signal by BNM to global investors
Prof Dr Yeah Kim Leng welcomes the initiative to enable foreign banks to participate in the onshore interest rate swap (IRS) market
‘Explore NEP factor in poverty eradication plans’
Prof Dr Yeah Kim Leng said under the 12th Malaysia Plan, more opportunities must be created to help the poor get out of the poverty trap
Rakyat pleased with targeted MCO approach
Prof Dr Yeah Kim Leng said money from the EPF should only be used to deal with problems contributors are facing and not for other purposes.
