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 (GPS), says a state business association.
The Sarawak Business Federation (SBF) said this was because Lim only focused on expenditure and not revenue in alleging that the state's reserves of RM31bil would be used up if GPS maintained an annual budget of RM11bil.
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