Govt should borrow RM45bil from debt market to aid M'sians

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Title : Govt should borrow RM45bil from debt market to aid M'sians
Category : Malaysians

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Govt should borrow RM45bil from debt market to aid M'sians

MP SPEAKS | Malaysians can only benefit, and Prime Minister Muhyiddin Yassin has nothing to lose by borrowing RM45 billion from the RM1.3 trillion domestic debt market to help financially troubled companies and Malaysians face the adverse economic impact of the total lockdown.Muhyiddin has created history by being the first prime minister in history, where the king has taken the unprecedented step of consulting all leaders of political parties, including opposition parties, on the emergency, the Covid-19 health crisis, the economy and parliamentary democracy.The Perikatan Nasional (PN) government must announce a whole-of-society economic stimulus package that can inject RM45 billion to save jobs, businesses and economic livelihood of Malaysians following the extension of the current movement control order (MCO) for another 14 days until June 28.Previously, Muhyiddin had announ…

MP SPEAKS | Malaysians can only benefit, and Prime Minister Muhyiddin Yassin has nothing to lose by borrowing RM45 billion from the RM1.3 trillion domestic debt market to help financially troubled companies and Malaysians face the adverse economic impact of the total lockdown.Muhyiddin has created history by being the first prime minister in history, where the king has taken the unprecedented step of consulting all leaders of political parties, including opposition parties, on the emergency, the Covid-19 health crisis, the economy and parliamentary democracy.The Perikatan Nasional (PN) government must announce a whole-of-society economic stimulus package that can inject RM45 billion to save jobs, businesses and economic livelihood of Malaysians following the extension of the current movement control order (MCO) for another 14 days until June 28.Previously, Muhyiddin had announ…


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