Holistic approach needed for structural reforms


The path towards the betterment of the economy has to be based on long-term views and solutions rather than short term, Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said.

KUALA LUMPUR: The government must take a holistic approach in executing structural reforms, including the possible reinstatement of the goods and services tax (GST), that will boost the country’s economic resilience as well as the ringgit in the long run, according to economists.

The path towards the betterment of the economy has to be based on long-term views and solutions rather than short term, Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said.

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