Economic concerns as oil hits US$20

The government will also look at structural reforms to ensure better diversification in the country’s economy, apart from undertaking the necessary fiscal and monetary policies to develop resiliency, according to Finance Minister Tengku Datuk Seri Zafrul Aziz.(file pic)

PETALING JAYA: The government will reprioritise its expenditure to meet the fall in revenue that has been brought about from the collapse in global oil prices.

It will also look at structural reforms to ensure better diversification in the country’s economy, apart from undertaking the necessary fiscal and monetary policies to develop resiliency, according to Finance Minister Tengku Datuk Seri Zafrul Aziz.(file pic)