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皇冠现金网(www.hg108.vip):The courage to make reform happen

时间:4周前   阅读:13   评论:1

皇冠现金网www.hg108.vip)是一个开放皇冠正网即时比分、皇冠现金网开户的平台。皇冠现金网开户平台(www.hg108.vip)提供最新皇冠登录,皇冠APP下载包含新皇冠体育代理、会员APP,提供皇冠信用网代理开户、皇冠信用网会员开户业务。

EVERY time when an economic crisis happens, it reveals the structural weaknesses and impediments, offering an opportunity for the policymakers to rethink, reform and restructure for better and sustainable economic resilience.

Post-Covid-19 pandemic crisis when the economy has recovered and economic conditions more stable, countries will need to implement structural reforms to help sustain a lasting recovery, and create confidence that the recovery can be strong.

For Malaysia, excessive and unnecessary regulatory requirements, licensing regimes, uncoordinated and inconsistent regulations between federal, state and local authorities, subsidies, selective market protection or litigiousness are identified as obstacles that need fixing.

We have to work on reviewing policies and regulations as well as implement structural reforms to reduce regulatory barriers to enhance market efficiency, ensuring policy transparency and certainty as well as sustaining better growth prospects.

Policies that change the way public sector work (public delivery services) and facilitate private sector and businesses are deemed as key catalysts to raise productivity, increase investment, create skilled and high-income employment, foster greater trade openness, increase labour market flexibility, and enhance financial resilience as well as making the domestic economy more resilient to shocks.

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Malaysia’s limited fiscal space necessitates increasingly focused on broader tax reforms and expenditure rationalisation not only to rebuild strong fiscal buffer but also strengthen fiscal sustainability.

Amid increasing complexities of domestic and external environment, green growth policies are an integral part of the structural reforms needed to foster strong, more sustainable and inclusive growth.

We can unlock new growth engines by creating incentives for greater use of natural resources efficiency; reducing waste and energy consumption; addressing environmental pressures; stimulating demand for green goods, services and technologies; and mobilising revenues through green taxes and through the elimination of environmentally harmful subsidies.

The question of implementing structural reforms is timing, sequencing (step by step or incremental or a big bang approach), initial economic and business conditions as well as weighing on the impact of structural reforms on the broader economy (society, businesses, sectors).

While economic reforms are often unpopular, painful and inflicting pains on some sectors in the short term, the reforms may generate material gains for the economy in the longer term.

The short-term pains can be partially mitigated by temporary relief measures for the targeted vulnerable households. In the meantime, the government must strengthen a comprehensive social safety net to help minimise the cost of structural adjustment.

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  • 2022-09-03 00:10:13

    中国信托银行指出,因疫情造成大环境不确定性增加,过往习惯的交易模式面临挑战,以信用状交易而言,某些国家可能禁止实体接触或居家办公,导致无法快递寄送纸本单据,此时数位化的电子平台就成为确保国际贸易仍能正常运作并提高效率的解方,能够快速应变、采取数位作法的企业将拥有更强大的竞争优势。文笔特别柔软