ECONOMIC REPORT LIST

RM2.7 Billion set aside for improvement of rural infrastructure

KUALA LUMPUR, Nov 6  -- The government has allocated RM2.7 billion for various rural infrastructure improvement programmes and projects in an effort to bridge the gap on urban areas.


COVID-19 Act signifies govt's effort in addressing COVID-19 impact

KUALA LUMPUR, Nov 6  -- In a crisis situation, a responsible government must be proactive and agile by providing the fiscal space needed to implement measures in protecting the safety and ensuring the well-being of its rakyat.


COVID-19 Fund ceiling to be raised to RM65 Bil

KUALA LUMPUR, Nov 6 – The government intends to amend the schedule of the Temporary Measures for Government Financing Act (Coronvirus disease 2019) to raise the ceiling of the COVID-19 Fund by RM20 billion to RM65 billion.


More effective policy needed to contain transfer impact between CPI and PPI

KUALA LUMPUR, Nov 6 -- There is a need for more effective supply management policy to contain the transfer of impact between the Consumer Price Index (CPI) and Producer Price Index (PPI).


MoF: New measures introduced to improve capital market performance

KUALA LUMPUR, Nov 6 -- Amendments to listing requirements, revision of circuit breaker, enhancement of initial public offering (IPO) framework, and cooperation with international exchanges are among the steps taken to enhance liquidity and efficiency in the capital market.


RM26.5 bln spent for social safety net programme last year

KUALA LUMPUR, Nov 6 -- The government spent a total of RM26.5 billion or 1.8 per cent of gross domestic product (GDP) for various social safety net programmes last year.


Comprehensive financing framework needed to achieve SDGs

KUALA LUMPUR, Nov 6 -- A comprehensive financing framework which encompasses various forms of financing needs to be established towards the attainment of the Sustainable Development Goals (SDGs) in Malaysia’s development planning process.


Budget 2021 seeks to balance healthcare capacity needs, economic recovery – Tengku Zafrul

KUALA LUMPUR, Nov 6  – Budget 2021 seeks to balance healthcare capacity needs, while building upon the current economic recovery momentum together and developing better resilience for the future, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said.


COVID-19: Govt’s gross borrowings higher at RM181.5 bln in 2020

KUALA LUMPUR, Nov 6  -- The Federal Government’s total gross borrowings are expected to increase by 31.5 per cent from the original estimate to record RM181.5 billion or 12.6 per cent Gross Domestic Product (GDP) amid the need to finance the COVID-19 stimulus measures.


Budget 2021: Govt to allocate RM1 bln to curb 3rd wave of COVID-19

KUALA LUMPUR, Nov 6 - A total of RM1 billion will be allocated to curb the third wave of COVID-19 next year, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.




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