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Sliding oil prices raise Malaysia's default risk
PM has widened fiscal deficit target and cut growth forecast after fuel fell below US$50
Published Fri, Jan 23, 2015 · 09:50 PM
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Kuala Lumpur
MALAYSIA'S default risk is heading for the longest rising streak in a year after Prime Minister Najib Razak said that sliding oil prices mean the government will miss deficit and growth targets.
The cost of protecting sovereign debt against non-payment has leapt 21.5 basis points since…
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