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Shoring Up Government Finances

Shoring Up Government Finances

Morning Brief

September 8, 202110m 25s

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Show Notes

Finance Minister Tengku Zafrul Aziz proposes to raise the debt ceiling from 60% to 65% of GDP to have more buffer to fight the pandemic. Carmelo Ferlito, CEO, Center for Market Education discusses why borrowing more is a bad idea and the alternative including fiscal measures.

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