Govt will recalibrate 2019 budget if oil price dips below US$50, says Guan Eng

  • Nation

  • Sunday, 23 Dec 2018

GEORGE TOWN (Bernama): The government will only recalibrate the 2019 Budget if average crude oil price dip below US$50 (RM210) per barrel, says Finance Minister Lim Guan Eng.

The Ministry of Finance prepared next year’s budget based on crude oil prices of US$70 (RM293) per barrel.

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