
At RM16.5bil, Najib oversees most expensive PMD yet
While asking the country to tighten belts, Budget 2014 gives the Prime Minister's Department even more money than the Defence Ministry.

While asking the country to tighten belts, Budget 2014 gives the Prime Minister's Department even more money than the Defence Ministry.

The former prime minister says that this is because fuel only makes up a small part of costs for producers and businesses.


The Malay rights group's chief says the government should instead use the money saved to ease the burden of the people.

UPDATED 9.25PM
Khairy Jamaluddin says this is to show it is serious in reducing the country’s fiscal deficit.

He says this is because this is the first time the party had broken its promise not to increase fuel prices following an election.

The rating agency says the corrective fiscal measures, while a step in the right direction, are too small to alter its take on the Malaysian economy.


UPDATED 4.20PM
Dearer diesel costs means clients will have to pay a higher fuel surcharge.

UPDATED 2.50PM
The PM refuses to confirm or deny talk that the 2014 Budget will include the much talked about 4pct GST.

Malaysia runs relatively high gov't debt of 53 percent of gross domestic product and one of Asia’s highest household debt levels.


Gerakan sec-gen wants the billions in defence shopping curbed and for the government to fix our negative financial outlook.

Anwar Ibrahim asks how long more will the Najib administration pretend that it is managing the country's finances prudently?

'Fitch Ratings' revision of M'sia's outlook to negative is due to gov't attempt to hide official debt for a distorted positive picture...'

UPDATED 1.25PM
But he declines to provide further details on what it will do to address these, including the rise in gov’t debt.




'Both Pakatan Rakyat and the BN are criticised in the book', which is a compilation of articles by Gerakan Youth leader Dominic Lau.

Fresh applicants comprise about 1.7 million unmarried individuals as well as households which had just applied, says second finance minister.

Puad Zakarshi says as the people's reps they have the right, but fails to explain why banners must be put up until GE13.


UPDATED 6.28PM
The info minister says he hopes to bring the issue of the smartphone rebates up at next week’s cabinet meeting.