Published
Finance Minister Tengku Zafrul Abdul Aziz has brushed off concerns regarding the ringgit’s performance.
He was cited by Bernama as saying that the government would not be “too fixated” on how the currency was doing as the focus remained on the mid-to-long term performance of the economy.
“You have to understand the inflation rate in the US. The monetary tools that are available in Malaysia or other markets depend on the economic scenario of the particular country.
“The inflation rate in Malaysia in the first six to seven months (of 2022) is 2.8 percent, so we could have an accommodative economic policy, (with) very large fiscal support,” Zafrul was quoted as saying.
He was cited by Bernama as saying that the government would not be “too fixated” on how the currency was doing as the focus remained on the mid-to-long term performance of the economy.
“You have to understand the inflation rate in the US. The monetary tools that are available in Malaysia or other markets depend on the economic scenario of the particular country.
“The inflation rate in Malaysia in the first six to seven months (of 2022) is 2.8 percent, so we could have an accommodative economic policy, (with) very large fiscal support,” Zafrul was quoted as saying.
- Category
- TV Saluran - TV Channel
- Tags
- kinitv, malaysia, politics
Sign in or sign up to post comments.
Be the first to comment
Up Next
Autoplay
-
01:30
Zafrul: Nothing to hide, no call from MACC on RM600b govt funds
-
11:32
#KiniNews: Harapan govt contributed to poor performance in S'wak, says DAP
-
01:24
Chong: Harapan govt contributed to DAP’s poor performance in S'wak
-
03:51
Tambat ringgit kepada dolar AS langkah berisiko - Tengku Zafrul
-
03:51
Zafrul: No need to peg ringgit to US dollar
-
03:16
Cuepacs gives govt positive review over first-year performance
-
09:51
Khairy hits out at govt's response on ringgit depreciation
-
01:24
Quashing of Zafrul's affidavit raises concerns about govt's integrity, says PAS
-
01:29
'It's too early to judge unity govt' - Fadillah responds to Dr M's remarks on govt
-
01:06
Zafrul says M’sia not in economic crisis as ringgit continues to slide
-
02:19
MCA launches committee to monitor Pakatan govt's policies and performance
-
02:19
MGNews : Ringgit Oh Ringgit Kenapa Kau Jatuh Sekali Menteri Kewangan Cakap Tanya Bank Negara - Kalam
-
01:48
Zafrul: New govt must table budget again if GE15 called soon
-
01:39
PM: Govt may impose measures to protect ringgit again
-
10:55
Govt's performance at Dewan Negara has been unsatisfactory, says Gerakan president
-
04:42
'Saya hairan Zafrul tak bimbang nilai ringgit jatuh' - Anwar
-
02:19
MGNews: Hanya Tengku Zafrul Yang Tidak Bimbang Dengan Nilai Ringgit Jatuh-Anwar
-
04:59
Dr M: Poll shows Malaysians satisfied with govt’s performance so far
-
12:42
#KiniNews: 'Change of govt normal' - Hadi defends prediction on collapse of Anwar's govt
-
01:32
Change of govt a normal process, says Hadi on govt's collapse prediction
-
09:15
#KiniNews: PAS takes dig at govt over ringgit predictions; UiTM remains closed to non-bumi
-
01:19
Azmin Ali slammed for questioning Selangor govt's performance
Loading...