Observers' verdict? A ho-hum Budget
The policy moves announced by Najib were within expectations, though GST revenue level and cash handouts surprised some
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Kuala Lumpur
MALAYSIA'S 2015 Budget, tabled before Parliament last Friday by Prime Minister Najib Razak, seems to have mostly elicited yawns, even though Putrajaya's assumption about a rise in oil prices drew talk that this could hurt the economy if global prices continue declining.
AmResearch described the Budget as a non-event, an assessment agreed to by, for example, Brian Tan, the economist for South-east Asia for Singapore's Nomura unit.
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