Fakhrurrazi Rashid, Koordinator Penyelidik REFSA menyatakan kerajaan dan pembangkang perlu meneliti semua perkara dalam memastikan pengekang penularan pandemik COVID-19 dipakukan secara bersama.
Instead of having stricter restrictions to deal with the rising case numbers, our Economic Advisor, Frederik Paulus explains how government funds should be spent to tackle the pandemic.
Adding to the chorus of caution surrounding BNM’s optimistic GDP growth projections is the ADB’s recent growth estimate of 6% for Malaysia in 2021 at the lower bound of BNM’s range. Indeed, given the low vaccination rates and rising case numbers suggestive of a fourth wave, recovery remains elusive without clear plans to address downside risks. With this in mind, our Economics Team will be introducing 10 strategies to rebuild Malaysia better and address the downside risks to growth.
A recent Bank Negara report forecasts GDP growth of 6-7.5% for 2021. In response, the REFSA research team has raised questions about the assumptions underlying the estimate. This is because the downside economic risks are stronger than acknowledged, and actual GDP may be lower than forecast.
Is the government really running out of funds? Our Executive Director Tan E Hun shared her view about why the figures cited are misleading, whether it is too soon to talk about fiscal discipline and what sort of targeted injections should the government aim for when it comes to spending going forward.
Jaideep Singh, penyelidik REFSA berpendapat kerajaan perlu memperkenalkan suntikan baharu untuk menggalakkan penggunaan dan pelaburan swasta bagi memulihkan ekonomi negara. Suntikan baharu ini lebih penting berbanding dakwaan tidak berasas Perdana Menteri yang menyatakan kerajaan tidak mempunyai banyak wang selepas berbelanja untuk COVID-19.
Recent reports of Malaysia’s insolvency are greatly exaggerated. On April 12, Prime Minister Muhyiddin Yassin claimed that the government was running out of money, having spent RM340 billion on pandemic-related stimulus measures and RM322 billion on Budget 2021. This is misleading for two reasons.
Frederik Paulus, Economic Advisor of REFSA weighs in on AirAsia’s purported entry into ride-hailing and the benefits it may bring to the drivers.
Academics urge Malaysian’s Foreign Minister to explain his statement on addressing China as Malaysia’s ‘big brother’ in the context of foreign diplomacy.
The group urges the government to engage with the research community and data scientists to formulate a comprehensive legal and policy framework that will strengthen Malaysia’s data governance and ensure citizens’ right to information.
A group comprising researchers, civil society groups and think tanks have called for the government to be more forthcoming about the data it controls, especially in light of the Covid-19 pandemic. In the long run, they urged the government to engage with the research community and data scientists to formulate a comprehensive legal and policy framework that will strengthen Malaysia’s data governance and ensure citizens’ right to information. Article in Malay.
REFSA is proud to stand with the Research Community and support the importance of data openness and transparency, particularly in light of the current COVID pandemic. We need to acknowledge the importance of sharing meaningful data to better serve the society, while strengthening data governance. We stand ready to engage with the government and share our recommendations on advancing data openness in Malaysia.
REFSA’s Research Director Ivy Kwek expressed concern on how an uneven administration of vaccines could perpetuate inequality and suggests prioritisation of low-income groups and strengthening mobilisation of vaccination teams to the vulnerable communities.