Ways out of economic doldrums
The government forecasts a deficit of more than 4% – up from the 3.2% set last October – after factoring in the impact of lower oil prices. – EPA pic, April 25, 2020.
WITH oil prices at historic lows, Putrajaya will likely have to consider spending cuts and find new revenue sources as it seeks to cushion Covid-19’s impact on the economy, said experts.its deficit projection of more than 4% this year. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
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