On lending, housing and minister’s comments


  • Business
  • Saturday, 23 Mar 2019

Finance Minister Lim Guan Eng: Improved tax collection strategies and continued economic growth will ensure that Malaysia readily meets its fiscal consolidation objectives.

FINANCE Minister Lim Guan Eng has retracted his threat to impose a windfall tax on the banking sector two days after he issued it at InvestKL.

He clarified: “Since we don’t impose windfall taxes, we hope they (banks and lenders) can be more flexible in their lending arrangements since they are making so much money; share a bit.”

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