KUALA LUMPUR (Bloomberg): Less than six months in office, Malaysian Prime Minister Tun Dr Mahathir Mohamad is staring down a possible credit rating downgrade in his government’s first budget.
Economists and market watchers are bracing for bigger deficit targets, higher debt and slower economic growth when Finance Minister Lim Guan Eng delivers his budget speech on Friday (Nov 2).
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
