PETALING JAYA: The government should take an expansionary stance when crafting Budget 2020 in anticipation of the slower economic growth and rising risk of a global recession, according to the Socio-Economic Research Centre (SERC).
“Budget 2020 policies can be crafted to allow some room for an expansionary stance, focusing on high impact sectors, quick gains initiatives and measures that would protect growth-enhancing spending and investment, ” the local think tank said in a statement here yesterday.
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