Malaysian PM tightens spending in first budget

Malaysian Prime Minister Anwar Ibrahim has revealed his first budget. The plan scales back spending, as the economy appears to be slowing. The government has relied heavily on price-control mechanisms to keep essential items affordable. But economists say those measures can have unintended consequences. Al Jazeera's Florence Looi reports from Kuala Lumpur, Malaysia. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ @AljazeeraEnglish #Aljazeeraenglish #News #Malaysia #economy
Whatch on Al Jazeera