Najib: Budget 2016 to be recalibrated


  • Nation
  • Friday, 08 Jan 2016

PUTRAJAYA: The 2016 Budget will be "recalibrated" to reflect the current eco‎nomic climate, says Datuk Seri Najib Tun Razak.

The Prime Minister said that adjustments would have to be made to this year's budget as much had changed since it was tabled last October.

"This is to ensure that it is accurate, realistic and according to the economic situation we are currently facing," he said when addressing Finance Ministry staff on Friday.

Najib, however, did not give a specific date when the adjusted Budget would be presented, but indicated that this would be done soon.

The changes would include additional measures to be taken to optimise expenditure and the role of Government-linked companies.

The Prime Minister assured that despite the adjustments to the 2016 Budget, the people's well-being would continue to be the Government's priority.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 0
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Nation

Ebit Lew case: Cops seized Firdaus Wong’s phone, court told
Yayasan Sabah has successfully carried out 95% of 17 SMJ initiatives, says Hajiji
Unity govt forms three committees including on state polls to ensure consensus, says Anwar
Prosecution withdraws appeal to forfeit monies allegedly linked to 1MDB funds from nine entities
MMEA foils attempt to smuggle in illegals off Tawau
Deputy Pahang Speaker issued summons for viral traffic offence
Army commando feared drowned in Pulau Undan during diving training
Opportunities abound between Sabah and Japan to collaborate, says Liew
Hassan Marican to head special advisory body to assist Anwar on finance
Man's mistress kidnapped by wife and mother, three arrested

Others Also Read