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MARC sees ‘unrelenting pressure’ on 12MP funds as pandemic spending, ageing population set to increase Putrajaya’s expenditure

Pandemic-related spending and the country’s ageing population could weigh on future federal budgets even as efforts to heal the devastated economy weigh on Putrajaya’s operating expenses, the Malaysian Corporation Rating Berhad (MARC) said in a note on the 12th Malaysia Plan (12MP). MARC suggested that Prime Minister Datuk Seri Ismail …

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