The stimulus package ...
At last the Govt. of Malaysia has just announced a stimulus package of RM 60 billion to stave of the impending recession. Some say the package is inadequate while some simply keep silent. As for me, I wonder where the Govt. is going to get the money from. Is it from the EPF or from the ASB or from its forex reserve or simply by printing RM 60 billion in notes - an action that would definitely devalue the already weak Ringgit.
Since Malaysia depends too much on exports of electrical and electronic products, crude oil and LNG, and palm oil, from where can we get foreign revenue.