Govt not just in cost-cutting mode, says Lim

Finance Minister Lim Guan Eng says Malaysia is not in an austerity mode, instead it is adopting a smart spending in the key priority areas. - Bernama

KUALA LUMPUR: While the government’s fiscal deficit target is important, it will give priority in ensuring sustainable economic growth in the country, says Finance Minister Lim Guan Eng (pic).

He said the government wanted to see sustainable economic growth to continue so that the country’s primary objective of improving the people’s economic well-being could be ensured.