Malaysia's Lim: government to prevent bankruptcy


(MENAFN) Malaysia will not suffer from bankruptcy since the current government is able to achieve a financial rebound, Finance Minister Lim Guan Eng guaranteed.

The level of debt Malaysia is inflicted upon could become better when the fundamental principles of the financial system are implemented, the newly-finance minister explained.

The statement has been made by the Malaysian finance minister during his first press conference held at the Finance Ministry.

Lim added "in addition, expert officials will be allowed to carry out their duties professionally and with integrity. I think this is important. If we can do so, I believe the country's financial system can recover."

MENAFN2305201800450000ID1096897763


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.