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Malaysia’s long term fiscal challenges – Nurhisham Hussein

31 Oct – Malaysia recently unveiled its government budget for 2015, envisaging a further drop of the fiscal deficit from an estimated 3.5% to a planned 3.0% next year. This seems reasonably achievable on the face of it. Growth in 2014 was stronger than anyone expected, reaching 6.3% in the first half of the year, and should be in the region of 5.7% for the year as a whole. If there was one overarching theme…

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