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Over-Optimistic GDP Projection In Budget

Dr Juita Mohamad, Fellow, Institute of Strategic and International Studies (ISIS)

01-Dec-20 07:17

Over-Optimistic GDP Projection In Budget

The Finance Minister had announced a slew of additional reliefs under Budget 2021 after taking into account feedback from MPs. One of them is to allow qualified EPF members to withdraw from Account 1. Dr Juita Mohamad, Fellow at the Institute of Strategic and International Studies (ISIS), discusses the merits of these measures and the impact on GDP and fiscal deficit.

Image Credit: Shutterstock.com

Produced by: Arleen Webber

Presented by: Lyn Mak, Noelle Lim, Roshan Kanesan


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Tags:  budget 2021belanjawan 2021epfaccount 1gdpfiscal deficitGovernment/Regulatory/Policy MakingEconomy, MarketsPolitics, News, Current Affairs


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