Budget too timid to tackle Covid-19, says Chin Tong after rating downgrade


Many Malaysians are suffering as a result of Covid-19, which has shut down huge swathes of the economy. – The Malaysian Insight pic by Irwan Majid, December 5, 2020.

IT was clear that Budget 2021 would require unconventional thinking to address the high economic cost of the pandemic, said Liew Chin Tong.

The DAP senator was commenting on Fitch Ratings’ downgrade of Malaysia’s long-term foreign-currency issuer default rating (IDR) from A- to BBB+.


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Comments


  • And why didn't opposition reject the budget then? Don't talk now

    Posted 3 years ago by Alison Teh