The Importance of Independent Institutions
Dr Nungsari A Radhi, Economist
12-Jul-22 07:45
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We discuss the importance of keeping institutions independant with economist Dr Nungsari Radhi off the back of the recent news that the newly created Special Task Force on Jihad Against Inflation has asked Bank Negara to explain its reasons for raising the Overnight Policy Rate by further 25 basis points to 2.25%. Dr Nungsari shares his concerns regarding the possibility of the government meddling in decisions made by independent institutions and just how effective the task force has been in addressing inflation.
Image credit: Shutterstock
Produced by: Sim Wie Boon
Presented by: Wong Shou Ning
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Categories: government
Tags: Special Task Force on Jihad Against Inflation, jihad against inflation, bank negara malaysia, overnight policy rate,