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We may pump-prime economy again this year: Mahathir
Published:  Jan 6, 2003 9:59 AM
Updated: Jan 29, 2008 10:21 AM

The government may opt for another round of pump-priming this year to boost the economy, Prime Minister Dr Mahathir Mohamad said today.

Mahathir, who is also finance minister, said the government would have to continue to provide incentives to draw foreign investment amid the poor global economic sentiment.

"We know that there is not much money going around and people are nervous. It's not what we can do. It's what they believe in the viability of their investments," he told reporters.

"At the same time, of course we have to boost our economy to maybe pump-priming, injecting more funds into circulation, spending money on quick projects."


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