SEREMBAN: The government's proposal to increase next year's budget by RM19.5bil to RM297bil is worrying if the prices of commodities such as crude oil and palm oil remains depressed, says Datuk Seri Mohamad Hasan. Mohamad said the government's income for next year was also expected to fall with the reduction in palm oil exports and prices. The difference, he said, was that the Pakatan government was taking higher loans to pay off old loans. However, Mohamad commended the government for the aid and incentives given to the B40 group in the budget. "My hope is that the budget would meet its objectives unlike last year's which did not," he added.

Source: The Star October 12, 2019 07:18 UTC