Lessons learned from other countries show that successful fuel subsidy reform requires 3 Cs: credible commitment, consensus, and coordination – and underpinned by a 4th C – communications.
Social protection measures could cushion energy price shocks. However, social protection measures in the absence of macro- or sectoral- reforms are not fiscally sustainable.
On March 16, 2021, the World Bank in Malaysia released a new Flagship Report Aiming High—Navigating the Next Stage of Malaysia’s Development which looks at the next frontier of the country’s…
East Asia entered the COVID-19 pandemic first and is likely to be the first region to recover. The region can turn this crisis to its long-term advantage by adopting bold and imaginative policies…
For the Central Asia region, which is so commodity and remittance dependent, economic output will likely contract by 1.7 percent in 2020, according to the latest Economic Update for Europe and…
The World Bank published a global flagship report, Enhancing Government Effectiveness and Transparency: The Fight Against Corruption. This report can help guide governments and anti-corruption…
For Malaysia to revitalize its economy, now is the time to put in place stronger social protection systems for its most vulnerable groups, adopt bold reforms, and emerge stronger in the wake of…
As Malaysia gears up to reopen its economy after almost two months of restricted movement, ensuring that firms return to pre-crisis production and employment levels as rapidly and safely as…
Malaysia is no stranger to external shocks affecting its macroeconomy. This latest global COVID-19 crisis is particularly unique given the context in which it emerged and the dual threats it poses…
A growing number of Malaysians, especially those in urban areas, feel that they have trouble making ends meet. Addressing the cost of living issue in the country will require the right combination…