The global economy is currently undergoing a steady stream of headwinds. The fall in the price of oil, a slowdown of the Chinese economy, the migrant crisis in Europe, the political turmoil in Ukraine and the Middle East coupled with money being removed from emerging markets, all this present a complex set of challenges to policymakers.
Many economists, bankers and businessmen that I spoke to felt that this would be a tough year for Malaysia as they expect a serious economic slowdown.
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Ivanpal Singh Grewal
Ivanpal Singh Grewal is an Advocate & Solicitor. He was formerly Political Secretary to the Minister of Plantation Industries & Commodities.