PAS claims SRR cut sign of problematic economy, urges urgent measures

PAS claims SRR cut sign of problematic economy, urges urgent measures

Malaysiakini - News·2019-11-14 15:02

A PAS central leader has claimed that Bank Negara's move to reduce the statutory reserve requirement (SRR) ratio from 3.5 percent to three percent is a sign of a problematic economy.

PAS central economic, real estate and entrepreneur development committee vice-chairperson Mazli Noor (above) said the central bank should introduce tangible measures beyond facilitating the flow of more money into the economy.

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Economy