Govt optimistic of overcoming growing challenges to economy: Guan Eng

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GEORGE TOWN: The government is always optimistic of overcoming the growing challenges to the economy and will do so to the best of its ability, accord...

Finance Minister Lim Guan Eng attended the breaking of the fast event with the MPKKK Kadun Air Putih at the Masjid Kampung Bharu, Air Itam, last night. - BernamaThe government is always optimistic of overcoming the growing challenges to the economy and will do so to the best of its ability, according to Finance Minister Lim Guan Eng.

“The first challenge poses a difficulty to the new government in undertaking projects. The second has had a global impact which all countries have to overcome. So, this is a major challenge as Malaysia is a trading nation and exporter,” he added. Lim said that although faced with the economic pressure, the government will do its best to overcome problems.

Meanwhile, towards ensuring the economy continues to progress sustainably, he said the banking sector needs to play its role in facilitating and being flexible with loans, not only to homebuyers, but also for low cost and affordable houses as well as small and medium entrepreneurs.

 

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