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Shoring Up Government Finances

10 mins·08:30, 8 Sept 2021
podcast image

Shoring Up Government Finances

10 mins
·
08:30, 8 Sept 2021
·

Finance Minister Tengku Zafrul Aziz proposes to raise the debt ceiling from 60% to 65% of GDP to have more buffer to fight the pandemic. Carmelo Ferlito, CEO, Center for Market Education discusses why borrowing more is a bad idea and the alternative including fiscal measures.

Image credit: Shutterstock.com

Presenter: Khoo Hsu Chuang, Noelle Lim

Producer: Philip See

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