When Malaysia faced the Asian economic crisis back in 1997, the then Prime Minister Dr. Mahathir Mohamed called on his old friend Tun Daim Zainuddin to head the National Economic Action Council (NEAC) set up under the Economic Planning Unit (EPU) to find a solution through the National Economic Recovery Plan (NERP). On the advice of the NEAC, the Malaysian Government pegged the Ringgit at 3.8 to the US dollar, put in place a number of capital controls, and undertook a number of bailouts of large firms.
Who makes public policy in Malaysia?
Who makes public policy in Malaysia?
Who makes public policy in Malaysia?
When Malaysia faced the Asian economic crisis back in 1997, the then Prime Minister Dr. Mahathir Mohamed called on his old friend Tun Daim Zainuddin to head the National Economic Action Council (NEAC) set up under the Economic Planning Unit (EPU) to find a solution through the National Economic Recovery Plan (NERP). On the advice of the NEAC, the Malaysian Government pegged the Ringgit at 3.8 to the US dollar, put in place a number of capital controls, and undertook a number of bailouts of large firms.