The Overnight Policy Rate (OPR) will be maintained at 3.25%, Bank Negara Malaysia announced at its Monetary Policy Committee (MPC) meeting on Thursday.
CONVENTIONAL economic management during challenging times of depressed gross domestic product (GDP) growth and weak business sentiment calls for coordinated fiscal and monetary stimuli to keep the economy going.
Unfortunately, since the Global Financial Crisis, many governments and central banks, especially those in developed economies, have been finding it difficult to heal the damages brought upon by the crisis.
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