KUALA LUMPUR: The Government will give more emphasis to cost of living and housing issues in Budget 2018 in an effort to improve the standard of living and well-being of the people. "We also talked about our country's economic position by taking into account several favourable macro-factors, including the second-quarter growth rate this year which reached 5.8%. The ringgit closed at 10-month-high of 4.2080/2110 against the US dollar on Thursday from 4.2370/2400 on Wednesday, amid encouraging and conducive domestic economic data. Malaysia's international reserves also rose to RM431.7bil on Aug 30, 2017 compared with RM431bil on Aug 15 this year, said Najib, who is also Barisan chairman and Finance Minister. He said the strengthening of the ringgit, as well as economic growth, showed that the policies adopted by the Government were on the right track.

Source: The Star September 08, 2017 13:41 UTC