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Falling oil prices may hurt Najib's push to cut Malaysia deficit

New consumption tax may not be able to make up for shortfall

Kuala Lumpur

PLUNGING oil prices are sapping revenue from Malaysian Prime Minister Najib Razak's government, putting the onus for budget repair on a new consumption tax.

The trouble is, the new levy could fall short.

A drop of more than 20 per cent in crude prices since June...

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