Guan Eng lauds Q1 economic growth, worries that OPR hike will hurt Q2

Former finance minister Lim Guan Eng has lauded the robust economic growth during the first quarter under Prime Minister Anwar Ibrahim but cautions that policy alignment with Bank Negara Malaysia (BNM) is needed.

In a statement today, he once again criticised the recent overnight policy rate (OPR) hike by BNM and expressed fear that it will impede growth in the second quarter.

“The government under Anwar should...