KUALA LUMPUR: The Malaysian Government can shrink its budget deficit to as little as 3% of gross domestic product (GDP) next year by accelerating the sale of its shares in state-owned companies, Barclays Capital said.
“There are signs that the Government’s privatisation programme will accelerate in early 2010,” Barclays analysts Wai Ho Leong and Rahul Bajoria said in a report yesterday.
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