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Malaysia to unveil 2nd stimulus
MALAYSIA is set to introduce a second round of spending in February or March and it will be far more wide-ranging than the first fiscal boost announced last November, a source familiar with government thinking said.The Malaysian government, which is currently forecasting economic growth of 3.5 per cent this year, will also revise its forecasts in the light of weaker exports, lower commodity prices and an expected fall in foreign direct investment, the source said. Posted by: Fred 2009-02-06 |
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