Southeast Asia | Confidence test for Malaysia's topsy-turvy finances

Confidence test for Malaysia’s topsy-turvy finances

Finance Minister Lim Guan Eng told investors to expect 'pain and sacrifice' in the 2019 budget but a lack of actual belt-tightening will put pressure on the ringgit

Singapore, November 5, 2018 4:09 PM (UTC+8)
Malaysia's currency could come under pressure due to higher than previously disclosed public debt and a new expansionary budget. Photo: iStock
Malaysia's currency could come under pressure due to higher than previously disclosed public debt and a new expansionary budget. Photo: iStock
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