High Crude Oil Prices A Challenge To Malaysia

While the government was all for a lesser dependence on subsidies, the phased withdrawals should be done in a judicious manner, says an analyst.

IPOH: MIDF Investment Research is of the view that the government cannot apply the brake on public spending yet as the economy faces some headwinds this year, its senior vice-president and head of research, Zulkifli Hamzah said.

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