Malaysia needs at least 3 years to recover, says Guan Eng  


Gan Pei Ling

Finance Minister Lim Guan Eng will table his first budget in November and chart the country's economic direction in the next three years . – The Malaysian Insight file pic, September 8, 2018.

IT will take at least three years for Putrajaya to turn around the country, currently saddled with a RM1 trillion debt, said Finance Minister Lim Guan Eng.

“In less than two months, I’ll announce my first budget. It’s not just for next year, it will set the economic direction for the next three years.


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Comments


  • well done
    debts need to be pared down to rejuvinate the economic system
    current a/c deficit also needs to be narrowed
    just look at the thai baht
    fundamentalism eventually the 'be all end all'
    imported inflation from an unstable weak currency can negate wage increases
    kudo's to guan eng and his team

    Posted 3 years ago by Warrick singh dhalial

  • Do the umno racist morons have anything to say on this? No because they cannot comprehend the complexity of the issue. Hence their only cry is on rae race & religion issues which need no brainer

    Posted 3 years ago by Gabriel Chelliah

  • YB LGE... please document all your initiatives since your appointment as Minister.. The issues; the resolutions; the outcomes: the benefits.
    Document and publish and communicate these achievements every quarter (like a quarterly report) via print and online communications.
    Let the people from urban cities to rural kampungs learn and understand exactly what the PH government is doing for the benefit of the people and nation. This will also silence all critics.
    This communication is important to ensure PHs continued presence in administrating the government..

    Posted 3 years ago by Thiruchelvam Thirunavukarasu

  • Please go to town with your strategic budget plans.. Educate the people..

    Posted 3 years ago by Thiruchelvam Thirunavukarasu