ADVERTISEMENT

Wahid : Revision to Budget 2016 not an austerity measure


KUALA LUMPUR: Minister in the Prime Minister’s Department Datuk Seri Abdul Wahid Omar clarified today that next week’s recalibration of the Budget 2016 would not be an austerity measure.

“With lower expected oil revenue, we have to optimise our spending by focusing on projects with high economic impact,” he said during his keynote speech at Standard Chartered Bank Malaysia Bhd’s Global Research Briefing 2016  on Tuesday.

Budget 2016

   

ADVERTISEMENT