Guan Eng: Functions of finance and economic affairs differ


Going up: Lim cycling up the ‘Spiral Bicycle and Pedestrian Bridge’ after it was opened near Queensbay Mall in Penang. — Bernama

GEORGE TOWN: There will be no overlap of functions between the Finance Ministry and the Economic Affairs Ministry, says Finance Minister-designate Lim Guan Eng.

Lim said the Economic Affairs Ministry would focus on economic policy while the Finance Ministry would play its traditional role of managing the country’s finances.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Politics , lim guan eng , penang , finance minister

Next In Nation

Seven Indonesians nabbed in Kota Tinggi over suspected migrant smuggling
Police arrest three over alleged illegal parking fee dispute in OUG
MIC to defend Gadek in Melaka polls, weighs contesting more seats, says Saravanan
No new law to replace soon-to-be-abolished AUKU, says PM Anwar
I choose federal cooperation with BN, I choose stability, says PM Anwar
Four to be charged with murder over body found bound in Sungai Tanjung Sembrong
Fake investment promises cost doctor RM558,000
Thunderstorms and heavy rain forecast for nine states, KL and Putrajaya until 6pm
Nurul Izzah: Don’t undermine Anwar’s role as PM
PM: Bill to regulate state enterprises in the works, King orders to probe all problematic agencies

Others Also Read