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Outbreak may increase unemployment
Prof. Yeah Kim Leng said the hit to the country’s GDP in the face of the Covid-19 outbreak was equivalent to an estimated 120,000 to 180,000 job losses
Experts: Implementation is key
Prof. Yeah Kim Leng said a quick review of the stimulus package, unveiled initially by previous prime minister Tun Dr Mahathir Mohamad, would be useful.
MoF urged to devise economic stimulus package
Prof. Yeah Kim Leng states that the government’s priority for 1H20 should be on speedy, coordinated and efficient spending and project implementation.
Budget 2020 needs to be revised amid falling oil prices, say analysts
Prof. Yeah Kim Leng believes a budget recalibration is likely needed should the oil price war keep theprice below US$40 a barrel for six or more months.
Economist weighs in on economic impact of lockdown
Economist Dr Yeah Kim Leng said it was inevitable for large social, political, religious and commercial gatherings and celebrations to be banned in an effort to combat the spread of the infection.
Ringgit to endure volatility amid lower oil prices, increased virus fears
Prof. Yeah Kim Leng said the bearish development in the energy market adds to the political and policy factors weighing negatively on the ringgit.
