The government does not care for honest living residents who rely on salary, savings, and retirement. But favor those who borrow a lot and foreign direct investment. Afraid high-interest rates will cause a default in housing loans, collapse of bank and company loans, etc.
If you let the ringgit drop, you should give a handout for loss of purchasing power in ringgit for essential items when the ringgit is low. Handouts for basic needs or discount vouchers should be given out
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