Expansionary fiscal policy apt amid global tensions
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What happened
The administration of Datuk Seri Anwar Ibrahim has opted against a sharper cut in the fiscal deficit that could constrain economic support amid global uncertainties, says Treasury secretary-general Tan Sri Johan Mahmood Merican. (The Star (YouTube), 22:16)
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1 reportExpansionary fiscal policy apt amid global tensions
The administration of Datuk Seri Anwar Ibrahim has opted against a sharper cut in the fiscal deficit that could constrain economic support amid global uncertainties, says Treasury secretary-general Tan Sri Johan Mahmood Merican.
Johan said some may question why debt levels could not be brought down faster, but a sharper reduction in the fiscal deficit would mean less fiscal support for economic activity.
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- DetectedFirst detected (The Star (YouTube)) source
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How it spread
- Step 1YouTube (mainstream)The Star (YouTube)22:16
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- Covered by 1 established outlet(s): The Star (YouTube)
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