Guan Eng sees long road before Malaysia’s finances are back to health


The government will need three more years before it can undo the devastation wrought on the country’s finances by the previous administration’s scandals and corruption, said Lim Guan Eng.

(MMO) – In a new year message in his capacity as the DAP secretary-general, Lim said while Putrajaya has made promising strides under the stewardship of Prime Minister Tun Dr Mahathir Mohamad, it still needed time to reverse the issues responsible for the people’s current hardships.

Among others, he said the financial damage caused by the 1MDB scandal and the RM1 trillion “debt” amassed by the Barisan Nasional administration was still straining public coffers.

“Malaysia will require three years to restore our fiscal health and take our place as the most promising emerging economy to achieve high-income status,” Lim said.

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