Monday, March 9, 2009

Malaysia to launch new stimulus plan


Malaysia to launch new stimulus plan
2009-03-09 HKT 00:12

Malaysia is to unveil a second stimulus plan worth up to US$9.4 billion in a bid to prevent its export-driven economy sliding into recession, a government official said. Finance minister Najib Razak, who is expected to take over as prime minister next month, is expected to announce details of the strategy in parliament on Tuesday.

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