Insight - Targeted fiscal support still needed


Lee Heng Guie SERC: A reduction in public sector demand would trigger a renewed contraction of the economy if the private sector has not recovered to take on as the growth’s driver seat. It’s not about only getting the right macro narrative; the impactful policies implementation must remain squarely in focus.

WITH the domestic economy at an early stage of recovery, albeit unevenly across sectors and businesses, accommodative monetary policy and fiscal support are incredibly important to ensure that the economic rebound and recovery will not turn anemic amid increasing concerns about an occurrence of a second wave of virus and the availability of vaccines.

Bank Negara’s monetary policy and liquidity measures are expected to remain in accommodative mode and will remain supportive in the foreseeable future.

Save 30% for ads-free and full access now!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read


All Headlines:

Want to listen to full audio?

Unlock unlimited access to enjoy personalise features on the TheStar.com.my

Already a member? Log In