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.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: