Guan Eng doubts optimistic GDP projection, wants RM45b boost for Budget 2021

Published: Nov 16, 2020 7:00 AM | Updated: Nov 16, 2020 8:22 AM

Former finance minister Lim Guan Eng wants serious steps, either in the form of an additional RM45 billion for Budget 2021 or extra four percent deficit to GDP to counter what he believes will be a slow economic recovery next year.

"This follows pessimism that Malaysia's GDP can grow by 7.5 percent in 2021, after a projected 4.5 percent contraction in 2020 due to the Covid-19 pandemic...

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