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Government Is Underspending On Covid-19 Aid

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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

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