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Government Is Underspending On Covid-19 Aid

Pankaj C. Kumar, Financial Market Columnist and former Chief Investment Officer

01-Jun-21 08:45

Government Is Underspending On Covid-19 Aid

Yesterday, Prime Minister Tan Sri Muhyiddin Yassin yesterday night announced RM40 billion in economic package, of which RM5 billion is direct fiscal injection. Pankaj C. Kumar, financial market columnist, makes a case for increasing spending and its impact on our debt yield and ratings, and the Ringgit.

Image Credit: EPA-EFE

Produced by: Sim Wie Boon

Presented by: Lyn Mak, Noelle Lim, Roshan Kanesan

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