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Author: savemalaysia   |   Latest post: Sun, 26 May 2019, 6:52 PM


Guan Eng slams Nomura report over 2018 fiscal deficit as 'untrue'

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KUALA LUMPUR (Jan 10): Finance Minister Lim Guan Eng has dismissed as untrue a report by Nomura Global Research yesterday that Malaysia's 2018 fiscal deficit would deteriorate to 3.9% of gross domestic product (GDP).

Nomura had anticipated that the federal government will have a fiscal deficit of 3.7% of GDP compared with the official forecast of 3.4% in Budget 2019, noting that the fact that crude oil prices have come off from the recent peak and the shortfall of public revenue after the zero-rating of the goods and services tax.



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speakup TALK IS CHEAP!
Slam slam no point. LGE should take Nomura to court for deflamation!
11/01/2019 9:33 AM


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