PUTRAJAYA: Datuk Seri Najib Tun Razak announced a RM5.5bil cut in government spending to maintain economic growth at between 4.5% to 5.5% this year amid plummeting oil prices.
Although the Government is cutting its Operating Expenditure this year – which includes deferring the National Service programme and freezing allocations on new government vehicles and office equipment – Development Expenditure worth RM48.5bil for infrastructure projects would be maintained and spent.
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