Terengganu reviews budget after oil prices drop – Bernama


Note that the article mentions oil prices ‘dropped slightly’. Wonder what a significant drop is?

Dateline 2015-01-16, TMI:

The Terengganu government will review its 2015 state budget tabled in December, after the recent drop in oil prices.

Menteri Besar Datuk Ahmad Razif Abdul Rahman said prior to this, the RM2.37 billion state budget was tabled with a target to continue the policy of managing a surplus budget.

He said the budget which was tabled was based on past acquisitions, adding there might be some differences as the oil prices dropped slightly.

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This entry was posted on Saturday, March 21st, 2015 at 6:58 am and is filed under Malaysia, oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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