Give more loans to small businesses, Guan Eng urges banks

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Lending active businesses key in negating effects of US-China trade war, says finance minister.

Finance Minister Lim Guan Eng speaking to reporters at Masjid Kampung Bharu, Air Itam, Penang today.

“This way, there will be cash flow among businesses, so as to ensure a circulating credit and a liquid credit,” he told reporters while on a constituency visit at Masjid Kampung Bharu in Jalan Air Itam here today. Lim said the economy was doing well with a higher than expected 4.5% GDP this year compared to earlier predictions of 4.1% by international forecasters before.

 

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