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The controversial new policy on English will cost the government RM5 billion over seven years while the amount appropriated for the Higher Education Loan Fund is insufficient. To aid such students, financial institutions will have a new portfolio.







Prime Minister Dr Mahathir Mohamad devotes the first few pages of the 79-page thick budget to justifying the Internal Security Act, saying it spared the country of chaos and turmoil which could have hurt the economy.





Prime Minister Dr Mahathir Mohamad says the country is launching a fundamental change in its approach to managing the economy in a bid to reduce dependence on foreign investment and trade.












