By Adeline Paul RajPublished: 2009/04/28
Malaysia's interest rate cuts will only have an impact on the economy nine months after they are made, Bank Negara Malaysia governor Tan Sri Dr Zeti Akhtar Aziz said.
Zeti expects the economy to improve in the second half of the year.
Asked if Bank Negara will be reducing the interest rate further at its policy meeting tomorrow, she said: "What we do now will only have an impact in nine months. Therefore, if we already see an improvement expected to take place in the second half, and certainly further improvement going into next year, we should have done most of what we need to do now."
About Me
- Nuang
- Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;
music
Create a playlist at MixPod.com
