Malaysian Prime Minister Anwar Ibrahim has revealed his first budget.
The plan scales back spending, as the economy appears to be slowing.
The government has relied heavily on price-control mechanisms to keep essential items affordable.
But economists say those measures can have unintended consequences.
Al Jazeera's Florence Looi reports from Kuala Lumpur, Malaysia.
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The plan scales back spending, as the economy appears to be slowing.
The government has relied heavily on price-control mechanisms to keep essential items affordable.
But economists say those measures can have unintended consequences.
Al Jazeera's Florence Looi reports from Kuala Lumpur, Malaysia.
- Subscribe to our channel: http://aje.io/AJSubscribe
- Follow us on Twitter: https://twitter.com/AJEnglish
- Find us on Facebook: https://www.facebook.com/aljazeera
- Check our website: https://www.aljazeera.com/
@AljazeeraEnglish
#Aljazeeraenglish
#News
#Malaysia
#economy
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