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Arduous budget ahead for Najib

Devalued ringgit has made nearly everything costlier given Malaysia's high import bill

Published Fri, Oct 16, 2015 · 09:50 PM
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Kuala Lumpur

AS daily living costs soar amid slumping commodity prices, a feeble currency, and weak business and consumer sentiment, crafting Malaysia's Budget 2016 to the satisfaction of the common man will be arduous.

Add to the economic mix the controversial goings-on involving state-owned 1MDB and Prime Minister Najib Razak and the national budget to be tabled in Parliament next Friday could also prove awkward.

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