PM's Minister Fahmi Opposes OPR Increase Amid Economic Concerns 💡
During a press conference on Feb 21, Communications Minister Fahmi Fadzil expressed his opposition to raising the overnight policy rate (OPR), highlighting potential economic impacts and emphasizing the need for cautious policy decisions.
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Speaking in a press conference on Wednesday (Feb 21), Communications Minister Fahmi Fadzil said that amid calls for the overnight policy rate (OPR) to be raised, the Prime Minister believes that increasing it to strengthen the ringgit’s value will not help the people.
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Published
Feb 21, 2024
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