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Malaysia's hard-won fiscal progress falls victim to oil price rout

Thursday, December 4, 2014 - 05:50
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Just when Malaysia was beginning to plug the holes in its public finances, the prospect of a sharp reduction in oil revenue is threatening to undermine fiscal progress and weaken the currency.

Singapore

JUST when Malaysia was beginning to plug the holes in its public finances, the prospect of a sharp reduction in oil revenue is threatening to