Budget 2015: Steering away from subsidies


PETALING JAYA: Facing a stern test to convince the people of his plan to steer the Malaysian economy away from its dependence on subsidies, Prime Minister Datuk Seri Najib Tun Razak is expected to state in his Budget 2015 speech today why the Government has to take hard measures to ensure the economy continues to improve.

In a shift from the past where budget speeches were normally laced with loads of goodies, this time around it is expected to incorporate a reality check for the Malaysian economy and the Government’s reasons for pressing on with its transformation initiatives.

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