KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak will present the recalibrated Budget 2016 on Jan 28, Treasury secretary-general Tan Sri Mohd Irwan Serigar Abdullah said.
Mohd Irwan said as the price of crude oil continued to slide, touching US$29 (RM126) a barrel on Wednesday and affecting the local currency, the Government would announce a new estimate of the average oil price that the Budget would be based on.
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