Malaysia to see 'double-barrel effect' of development expenditure, says Finance Minister

Malaysia to see 'double-barrel effect' of development expenditure, says Finance Minister

The Edge Markets - Malaysia·2019-11-13 15:26

KUALA LUMPUR (Nov 13): Finance Minister Lim Guan Eng said the government’s current development expenditure will spill over to next year, providing a good buffer for the country given that global economies are projected to slow.

As the government pushes for more projects to be done through the open tender system, he noted that this may take time for new projects to be rolled out, with many only to take place next year.

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