25 September 2011

Malaysian PM: Budget 2012 to lessen burden on rakyat

KAMPAR: Budget 2012, which will tabled on Oct 7, is set to strengthen the domestic economy and help lessen the burden of rising costs of living, Prime Minister Datuk Seri Najib Tun Razak said Saturday.

He said there was a need to ensure domestic demand remained strong as the Government would not depend on external factors to spur economic growth.

Najib said while the current situation was a global phenomenon and not just unique to Malaysia, the Government was taking steps to ensure the economy remain resilient.

Asked if there would be many suprises for the rakyat in the 2012 Budget, Najib said: "Let's wait and see. I'm fond of giving surprises."

Najib was speaking to reporters after launching the Tanjung Tualang 1Malaysia Carnival here as part of his day-long visit to Perak.

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