KUALA LUMPUR: The finance minister’s political secretary Tony Pua today denied that the economy is experiencing a current account deficit, saying Malaysia’s current account balance will remain in surplus for 2019.
“Tay argued that Malaysia has a current account deficit. This is quite scary as Malaysia has always prided itself as an economy with a current account surplus, with our value of exports well exceeding imports being one of the country’s key strengths,” he said in a statement. He acknowledged however that Malaysia has a moderate fiscal deficit, which he said is typical of developing countries. In 2018, deficit was 3.7% of GDP. It is projected to fall to 3.4% this year.
Source: News Formal (newsformal.com)
tonypua ni cinababi D4Pig yg belagak pandai tapi bodoh mcm 🐷..!! Dia ni lah yg kata harga barang turun dgn SST tp bila harga barang tak turun2, dia boleh buat selamba jer.. muka tampal kulit 🐖 betul lah..
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