KUALA LUMPUR, July 20 — Malaysian Finance Minister Lim Guan Eng pared back expectations for economic growth for this year to about 5 per cent as the export-reliant nation braces for knock-on effects of a brewing trade war.

“If the global economy slows, as a trading nation, definitely Malaysia will be impacted,” Lim said in an interview with Bloomberg Television’s Haslinda Amin in Putrajaya yesterday.

His forecast is more bearish than most economists’ estimates and lower than the central bank’s 5.5 per cent to 6 per cent projection. — Bloomberg

https://www.malaymail.com/s/1654188/finance-minister-sees-gdp-growth-easing-to-about-5pc