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Malaysian govt aims at reducing fiscal deficit to 3% of GDP in 2015


KUALA LUMPUR: The Malaysian government under 2015 Budget planned to reduce fiscal deficit to three per cent of the gross domestic product (GDP) next year. The government is expected to undertake measures to ensure that the country’s fiscal deficit will not worsen in 2015 due to the fall in crude oil prices. In a research note, RHB Research said the ... Read More »