Budget 2013: PUSHING THE LIMIT
By Ooi Pei Qi
November 2012 COVER STORY
The federal budget for next year, announced in September, is seen by many as another in a string of election budgets. Penang Monthly looks at the viability of this latest balancing by the federal government of expenses and revenue. The increasing dependence on Petronas, it is noted, is cause for worry.In Malaysia’s final national budget before the impending 13th General Election, the federal government is pushing its fiscal limits, aiming to satisfy international observers, business operators, civil servants and citizens...
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Ooi Pei Qi
is a research analyst at Penang Institute. She is interested in global trends that affect Penang.
