Vulnerable groups adequately covered by budget, says economist
Prof Yeah Kim Leng evaluates the effectiveness of the Malaysian Bantuan Prihatin Rakyat government aid allocation towards persons with disabilities and those from lower income households.Interest rate cut: Maybe next year
Prof. Yeah said the unchanged interest rate signalled that the financial condition in Malaysia remains stable and accommodative.Price tag: Strict conditions if gov't allows EPF withdrawals
Prof. Yeah said the government should fix a cap of RM1,000 a month depending on the amount in Account 1 of contributors.People torn over Account 1 suggestion
Prof. Yeah said allowing EPF contributors to withdraw money from their Account 1 should be done only as a last resort because the provident savings were critical for contributors.Jobs come first
Prof Yeah Kim Leng provides input on Malaysia's pathways for job creation amidst the COVID-19 economic recovery.Adequate fiscal space to accommodate Malaysia’s largest ever budget, say economists
Prof Yeah Kim Leng is of the view that a temporary spike in domestically funded government borrowings is not a concern.The State of the Nation: Restricted mobility raises risk of double-dip recession
Prof. Yeah says the third wave of Covid-19 infections in Malaysia has increased the risk of a double-dip recession, even though the lockdowns are mitigated by “localised” movement restrictions imposed.More businesses risk liquidation
Prof. Yeah said demand has slumped sharply as consumers are holding back purchases, which have slowed domestic economic activities.Budget meant to prop up the economy, says economist
Prof Yeah Kim Leng comments on various areas of the 2021 Perikatan government's budget thrusts.Economists see big budget funded by debt
In anticipation of Malaysia's 2021 budget, Prof Yeah Kim Leng remarks on constraints to government expenditure under low oil prices.IMF too optimistic about 2021 rebound, say two economists
Prof. Yeah said even a growth rate of 5-6% next year was only possible if Covid-19 is contained and borders reopened.