Putrajaya may revise Budget again if oil prices go under US$25
Second finance minister says the sale of assets may not be enough to make good shortfall in oil revenues
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Kuala Lumpur
MALAYSIA has raised the possibility of doing another Budget review if oil prices fall below US$25 a barrel, even as shares of the oil majors declined on Wednesday amid the sector's growing bearishness.
Second finance minister Ahmad Husni Hanadzlah acknowledged a relook would be necessary if prices dip below US$25, because Putrajaya's revenue latitude for further declines - through the sale of assets such as telecommunications spectrum, for instance - would not be enough to cover larger income-spending gaps.
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