12MP : Policy Clarity & Continuity

The Dewan Rakyat has kicked off a 6-day special session to table the 12th Malaysia Plan Mid-term Review with Prime Minister Datuk Seri Anwar Ibrahim revealing that there will be a higher spending ceiling of RM15 billion taking the total amount to RM415 billion, and still remaining within the 3.5% deficit target by 2025. Chehan Perera, Head of Research & Strategist at CGS- CIMB Securities explores what this means for the equity markets.

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