Najib: No number yet for mini-budget

By Sunday February 22nd, 2009 No Comments

PHUKET, Feb 22 – The government has not decided on the quantum of the mini-budget to be tabled in parliament on March 10, Deputy Prime Minister Datuk Seri Najib Tun Razak said today.

He said the figures being quoted by many quarters now are purely speculative as the government as yet to make a final decision.

But it would be certainly bigger and more comprehensive than the last RM7 billion fiscal stimulus package (unveiled on Nov 4), he told Malaysian journalists covering the Special Asean+3 Finance Ministers’ Meeting which ended here Sunday.

Najib, who is also Finance Minister, said the government would also announce the revised gross domestic product (GDP) target when he tables the mini-budget in Parliament.

Earlier this month, Najib had said that since this was in the form of a mini-budget, it would encompass fiscal, monetary and other measures that the government could introduce.

Source : Bernama

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