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Govt 'in denial' over economy: Anwar
Tue, Oct 14, 2008
The Straits Times

By Hazlin Hassan, Malaysia Correspondent

KUALA LUMPUR: Opposition leader Anwar Ibrahim yesterday attacked the government's budget for next year, saying it was 'irrelevant' in the wake of the current global meltdown.

Making his first speech in Parliament in more than 10 years, he said about 44 per cent of government revenue in the 2009 budget was based on crude oil prices being at US$125, whereas oil is now at US$80.

The former deputy prime minister and finance minister spoke from the opposition benches, claiming that there had been a capital flight of RM125 billion (S$53 billion) in the first half of the year.

 


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