Lim Guan Eng says the government has fiscal space to carry out a stimulus package, but will only do so if the economy gets more sluggish. – The Malaysian Insight pic by Nazir Sufari, November 13, 2019.
THE country’s economy is resilient despite the US-China trade dispute and a leaner projected world merchandise trade volume growth of only 1.2% in 2019, instead of the 2.6% forecast in April. Finance Minister Lim Guan Eng said the country’s economic growth will be supported by development expenditure, for which the money not spent this year will be rolled over to next year.
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