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KL CUTBACK

Najib revises growth and fiscal deficit targets amid oil price fall

Govt's operating expenditure to be cut by RM5.5b; plans for more import substitution in goods & services announced

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Prime Minister Najib Razak has revised growth and fiscal deficit targets "to align" Malaysia with changes in the global environment stemming from the sharp decline in oil prices.

Kuala Lumpur

PRIME Minister Najib Razak has revised growth and fiscal deficit targets "to align" Malaysia with changes in the global environment stemming from the sharp decline in oil prices.

In a special "live" address from Putrajaya on Tuesday to address concerns over economic

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