How tight fisted will Malaysia’s finance minister Lim Guan Eng be in the country’s first budget under a new administration? Photo: Nora Tam

Spending cuts, new taxes likely for Malaysia in Mahathir government’s first budget

  • Finance minister Lim Guan Eng is expected to unveil a budget bordering on austerity after years of economic goodies from the previous administration
  • Government’s stance is that national debt stands at a debilitating 80.3 per cent of GDP
Topic |   Malaysia

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How tight fisted will Malaysia’s finance minister Lim Guan Eng be in the country’s first budget under a new administration? Photo: Nora Tam
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