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KL's 2016 fiscal deficit target 'a stretch'

As growth slows amid ringgit's significant depreciation, the 3.1% forecast could widen to 3.5%, say analysts
Tuesday, December 15, 2015 - 05:50

Kuala Lumpur

MALAYSIA is expected to achieve its fiscal deficit forecast of 3.2 per cent of gross domestic product (GDP) for this year, but analysts consider its modest 3.1 per cent target for 2016 as still a stretch because growth is slowing amid challenging conditions including the

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