Budget may focus on long-term fundamentals


PETALING JAYA: The thrust of Budget 2010 will likely be on strengthening long-term economic fundamentals by addressing the problem of persistent budget deficits and pursuing measures that will help build a strong foundation for an innovation-led nation.

Malaysian Rating Corp Bhd chief economist Nor Zahidi Alias said in a pre-budget note that the Government would likely unveil more aggressive measures to deal with persistent deficits in the Federal Government budget.

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