Najib to unveil budget cuts and action plan amid oil-price slump
Economists say they expect him to be specific about what Malaysia can do to meet the fiscal challenges it is facing
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Kuala Lumpur
PRIME Minister Najib Razak is expected to announce budget cuts next week when he makes a "special announcement" on economic developments and the net-oil-exporting country's fiscal position amid an environment of markedly lower oil prices.
Economists say they expect him to spell out the action plan and to be realistic and upfront about the challenges facing Malaysia in the current scenario of plunging and volatile oil prices.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Middle East-linked energy supply shocks put Asean Power Grid back in focus
