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KL to announce policy tweaks amid oil slide

Malaysia's 2015 budget, tabled in October 2014, was presented with the assumption that oil prices would have kept to US$100 a barrel, whereas the price of Brent crude has fallen by more than half.

Kuala Lumpur

PRIME Minister Najib Razak will announce policy changes, including likely budget revisions, on Tuesday to help Malaysia adjust to the impact of reduced oil and gas earnings due to the slump in global crude prices.

The announcement, scheduled for 10 am (0200 GMT), will...

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