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Najib unveils voter-friendly budget ahead of election fight

Malaysia

Najib unveils voter-friendly budget ahead of election fight

Bloomberg Published on Fri, Oct 27, 2017 / 6:29 PM GMT+8

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(Oct 27): Malaysia’s Prime Minister Najib Razak is boosting subsidies and social assistance to lure voters ahead of a tough election battle while painting a rosier economic picture.

Growth is expected to remain strong next year, the budget deficit set to narrow and inflation could slow, according to an economic report released Friday before Najib began his annual budget speech in Kuala Lumpur.

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