KUALA LUMPUR, 13 March 2009: The country’s widening fiscal deficit from 4.8% to 7.6% for 2009 is not expected to result in the downgrade of its credit rating as it is at an acceptable level in times of economic crisis, the Dewan Rakyat was told yesterday. Deputy Prime Minister and Finance Minister Datuk Seri Najib […]
mini
Package to stave off economic downturn
KUALA LUMPUR, 10 March 2009: The government today unveiled its second economic stimulus package totalling RM60 billion, comprising initiatives and ideas to invigorate vital sectors to maintain the people’s welfare and prosperity in the face of the global economic downturn. Deputy Prime Minister and Finance Minister Datuk Seri Najib Razak, when tabling the package in […]
Mini budget expected to be RM10bil
KUALA LUMPUR, 5 March 2009: Deputy Finance Minister Datuk Kong Cho Ha today said that a part of the second economic stimulus package or the Mini Budget will involve an estimated spending of RM10 billion. Kong said this to reporters after the first reading of the Supplementary Supply Bill 2009 at the Dewan Rakyat sitting […]
