_bnm-projects-limited-inflation-impact-from-epf-account-3-withdrawals-civil-servant-salary-rise.jpg "BNM projects limited inflation impact from EPF Account 3 withdrawals, civil servant salary rise from virginia governor announcement today july 28 Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 10:0
👁 View: 3.5M times
✓ Published: 17-May-2024
👁 View: 3.5M times
✓ Published: 17-May-2024
Description:
The newly introduced withdrawals from the Employees Provident Fund's (EPF) Account 3 are expected to stimulate economic activity without significantly affecting inflation, said Bank Negara Malaysia (BNM) Governor Datuk Abdul Rasheed Ghaffour.<br/><br/>Speaking at a press conference on Friday (May 17) during the announcement of the first quarter 2024 gross domestic product figures, Abdul Rasheed indicated that the impact of the flexible account withdrawal, as well as a planned salary increase for civil servants would be minimal. <br/><br/>Rasheed further reported that headline inflation in the country is anticipated to remain moderate this year, ranging between 2.0 per cent and 3.5 per cent, reflecting stabilising demand and contained cost pressures.<br/><br/>Read more at https://tinyurl.com/4dbj8svx<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline
The newly introduced withdrawals from the Employees Provident Fund's (EPF) Account 3 are expected to stimulate economic activity without significantly affecting inflation, said Bank Negara Malaysia (BNM) Governor Datuk Abdul Rasheed Ghaffour.<br/><br/>Speaking at a press conference on Friday (May 17) during the announcement of the first quarter 2024 gross domestic product figures, Abdul Rasheed indicated that the impact of the flexible account withdrawal, as well as a planned salary increase for civil servants would be minimal. <br/><br/>Rasheed further reported that headline inflation in the country is anticipated to remain moderate this year, ranging between 2.0 per cent and 3.5 per cent, reflecting stabilising demand and contained cost pressures.<br/><br/>Read more at https://tinyurl.com/4dbj8svx<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_gov-northam-announces-virginia-to-enter-phase-3-on-july-1.webp "WSLS 10")
_is-virginia-gov-youngkin-considering-a-2024-presidential-run.webp "MSNBC")
_bnm39s-initiatives-help-cushion-pressure-on-the-ringgit-says-its-governor.webp "Bank Negara Malaysia’s (BNM) initiatives have helped alleviate pressure on the ringgit, leading to a 0.5 percent appreciation of the local currency on a nominal effective exchange rate (NEER) basis, said the central bank’s governor.<br/><br/>Datuk Abdul Rasheed Ghaffour, speaking at a press conference on Friday (May 17) during the announcement of the first quarter 2024 gross domestic product figures, noted that from the beginning of the year until May 15 this year, the ringgit had depreciated by 2.4 percent against the US dollar,in line with the movements of other regional currencies. <br/><br/>Read more at https://tinyurl.com/3kexwe38<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline")
_virginia-will-enter-phase-three-on-july-1.webp "WTVR CBS 6")
_gov-northam-announces-virginia-to-enter-phase-3-on-july-1.jpg)
_is-virginia-gov-youngkin-considering-a-2024-presidential-run.jpg)
_bnm39s-initiatives-help-cushion-pressure-on-the-ringgit-says-its-governor.jpg)
_virginia-will-enter-phase-three-on-july-1.jpg)
![[+]](/images/menu.gif){kind=small}