Economy likely to get worse before it improves


  • Business
  • Saturday, 27 Jul 2019

IF anybody had been waiting for confirmation that more is to come from the current slowing economic environment, they need not go further than to scrutinise the statement by Finance Minister Lim Guan Eng.

Lim, in an interview recently, said that it would be challenging for the government to meet its fiscal targets for next year, as the lagging effect of the global trade war could hamper its efforts.

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