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Growth trajectory for 2022 intact

PETALING JAYA: The potential deferment of some major investments and spending decisions by both the government and corporations following the dissolution of Parliament to pave way for the 15th General Election (GE15) will not significantly impact the country’s economic growth trajectory this year, say economists.

Moderation in activities seen

PETALING JAYA: The manufacturing sector, one of the key contributors to the domestic gross domestic product (GDP), is expected to face more headwinds that could dampen manufacturing activities going forward.

Hey, Economist! What s the Case for Central Bank Digital Currencies? -Liberty Street Economics

Michael Lee and Antoine Martin Since the launch of Bitcoin and other first-generation cryptocurrencies, there has been extensive experimentation in the digital currency space. So far, however, digital currencies have yet to gain much ground as a means of payment. Is there a vacuum in the landscape of digital money and payments that central banks are naturally positioned to fill? In this post, Michael Lee and Antoine Martin, economists in the New York Fed’s Money and Payment Studies function, answer some questions regarding the concept of central bank digital currencies (CBDCs).   Q: There’s a lot of buzz about central bank digital currencies these days. How has the pandemic accelerated these discussions? 

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