over the years, said Second Finance Minister Nor Mohamed Yakcop. “We have a reasonable degree of resilience, so at this point of time there is nothing much to worry,” he told reporters recently. While Malaysia is a net crude oil exporter, its state budget is coming under stress from paying subsidies to keep gasoline and…
MALAYSIA: Economy will withstand high oil price, minister says
Posted on November 28, 2007 by EnergyAsia