PRESS ROOM 2020

IN THE
NEWS

2020

REFSA’s Response to Budget 2021: More is Needed to Create Resilient Jobs

REFSA notes that Budget 2021 was proposed with the aim of ensuring rakyat’s prosperity, business continuity and economic resilience. While we laud these admirable aims, the measures announced today may prove to be less impactful than what is needed in terms of job creation and ensuring future growth.

PRESS STATEMENT
Economy of Tomorrow

Budget 2021 could usher in a new economic paradigm

For decades, fiscal discipline and balanced budgets were the guiding light for finance ministers across the globe. That the institutions who were staunch defenders of this approach are now calling to abandon it is testament to the extent of the economic disruption we are witnessing. The upcoming budget is the best opportunity to start putting this new paradigm into practice.

NEWS

Bloated civil service? Health Ministry needs more manpower

Despite the public perception that Malaysia has a bloated civil service, there is a dire need for more healthcare workers to combat the coronavirus pandemic. Our Visiting Researcher, Farhana Roslan speaks on the government’s role in creating sustainable jobs of demand in the public sector as the nation rebuilds amidst the pandemic. For one, the health sector, along with education, is in need of more staff in the COVID-19 fight.

NEWS
NEWS

财案应著重教育卫生人民福祉

经济分析员认为,在大马面临新冠肺炎疫情的非常时期,2021年财政预算案的分配重点应该在三个领域,教育、卫生和人民福祉。

NEWS
NEWS
NEWS

REFSA concerned over worsening underemployment in Malaysia

Underemployment is rarely addressed compared to unemployment. Due to the MCO, industries have had reduced operating hours, which typically resulted in lower salaries and wages received, particularly in semi-skilled and low-skilled jobs. If left unaddressed, there is a risk Malaysia will be faced with higher levels of underemployment and unemployment compared to prior to the COVID-19 pandemic.

NEWS

Belanja lebih untuk pulih lebih pantas, kata panel forum Belanjawan 2021

Belanjawan 2021 sepatutnya mempunyai defisit belanjawan lebih tinggi untuk pemulihan ekonomi lebih pantas. Kadar meminjam pada waktu ini dijangka akan lebih berdaya saing dan berada pada tahap terendah. Ianya tidak akan memberi keburukan kerana banyak negara dijangka melakukan perkara sama bagi merangsang kembali ekonomi yang terjejas kerana pandemik COVID-19.

NEWS