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Pre-National Budget 2020 comments attributable to Dato' Ong Eng Bin, CEO, OCBC Bank (Malaysia) Berhad
With the uncertainties arising from the continuing trade war involving the US and China, the Government should step up efforts to boost spending and create new incentives whether fiscal or not to improve business sentiment and confidence. At the same time effort must be made to reduce inequality, especially in the urban areas with more attention paid to balancing between growth and environmental sustainability. We are confident the upcoming National Budget 2020 will take into consideration these factors and challenges.