00:00Governor, there have been calls from industry groups including Samenta and FMM for the governments
00:06to introduce a stimulus package due to the geopolitical crisis. So how does BNM assess
00:14the necessity of such a measure at this current junction? And if no stimulus package from
00:21the government, are Malaysian banks currently in position to accept further support to businesses
00:26without the needs for additional government stimulus? Thanks.
00:31Again, as I said, we are coming into this year from a position of strength. So we have to
00:37assess in terms of the impact as things evolve. Into the stimulus package, we must take note
00:44and acknowledge that we have come out from a few crises, especially the recent one is
00:49the pandemic. Post-pandemic, we have put in a lot of help in place. And all those helps
00:56that we put in, from government's fiscal support, from the banks, all the assistance, they are
01:02all still there on a targeted approach. So this continues and banks are ready to help
01:09borrowers, corporates, SMEs, if they face any kind of issues, approach the banks. Then they
01:15can find a solution to help this. Second is that through the weekly meeting at the committee
01:21and the M10, the government hears views and perspectives from the various segments and sectors of the
01:29economy. So one by one. So we are here. Let's take a holistic perspective and picture of what's
01:36happening to the economy. What are the segments that are most severely affected and how do we
01:42provide targeted help to the segment? So it cannot be on a silo and sectoral basis, but it has to
01:51be a holistic, looking at the overall picture and impact of the economy, then we can zoom in.
01:56Where do we need to put our limited resources to address? That is happening right now.
02:06.
02:06.
02:06.
02:06.
02:06.
02:08You
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