KUCHING: It is"oversimplistic" and misleading for Finance Minister Lim Guan Eng to claim that Sarawak will go bankrupt in three years under the leadership of Gabungan Parti Sarawak , says a state business association.
"He has ignored Sarawak's expanding revenue base, especially the sales tax from petroleum products, which is expected to rake in billions of ringgit," SBF said in a statement Monday .The umbrella body representing key organisations and industries in Sarawak said Lim should realise that as Finance Minister what he says would impact the market outlook.