To sustain growth, stop hiking interest rates, says Guan Eng | The Malaysian Insight

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To sustain growth, stop hiking interest rates, says Guan Eng | The Malaysian Insight
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To sustain growth, stop hiking interest rates, says Guan Eng

TO sustain robust economic growth, Bank Negara Malaysia must stop raising interest rates as it burdens borrowers, Lim Guan Eng said.

The former finance minister called on the government to state whether this year’s strong second quarter growth of 8.9% was largely due to premature EPF withdrawals that were disbursed in April. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

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