Published 2 years ago

MoF says monitoring effects of OPR hike on consumer loan repayments

Summary by Ground News

Deputy Finance Minister I Mohd Shahar Abdullah says Bank Negara Malaysia's (BNM) decision to increase the OPR by 50 basis points to 2.25% was made when the economic indicators were showing positive signs. Shahar said various measures have been implemented by the government to control the increase in prices of basic goods and services.

0 Articles

All

Left

Center

Right

Malay Mail

MoF says monitoring effects of OPR hike on consumer loan repayments

KUALA LUMPUR, Aug 8 — The Ministry of Finance (MoF) is monitoring the effects of the increase in the Overnight Policy Rate (OPR) on the amount of consumer loan repayments.Deputy Finance Minister 1 Datuk Mohd Shahar Abdullah said Bank Negara Malaysia’s (BNM) decision to increase the OPR by 50 basis points to 2.25 per cent from 1.75 per cent was made when the economic indicators were showing positive signs.“When the economic indicators are showing…

2 years ago·Selangor, Malaysia

Read Full Article

Sinar Daily

Finance Ministry monitoring effects of OPR hike on consumer loan repayments

KUALA LUMPUR - The Finance Ministry (MoF) is monitoring the effects of the increase in the Overnight Policy Rate (OPR) on the amount of consumer loan repayments. Deputy Finance...

2 years ago

Read Full Article