Budget 2020 a delicate balancing act

Employees at an office watching the Budget 2020 presentation by Finance Minister Lim Guan Eng on Oct 11.

MALAYSIA’S newly unveiled 2020 budget displays a commitment to sustainable long-term growth, according to Sukumar Rajah and Hanifah Hashim. Here, they suggest how the country’s foreign investment, transport and employment initiatives could drive the domestic economy.

We regard Malaysia’s 2020 budget as a balancing act between narrowing the country’s fiscal deficit and avoiding an economic slowdown.