KUALA LUMPUR: Bank Negara Malaysia’s (BNM) decision to lower the Overnight Policy Rate (OPR) by 25 basis points to 2.75 per cent is a prudent and proactive measure amid global economic uncertainties.
Prime Minister Datuk Seri Anwar Ibrahim said the Monetary Policy Committee’s (MPC) move was based on careful assessments of current economic and inflation forecasts.
"Although the export sector faces challenges, the government has implemented various support initiatives, including the Financing Guarantee Scheme for Micro, Small, and Medium Enterprises (MSMEs) and the exploration of new markets,” he said in a post on X today.
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