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No. 4631 PP 2644/12/2008 (020369)

Wednesday
November 5, 2008
TELLING IT AS IT IS www.sun2surf.com
REUTERSPIX

THAT was the key word in Finance Minister Datuk Seri Najib Abdul
Razak’s winding-up speech on the Budget 2009 debate in Parliament
yesterday. He made it clear the government was pursuing an expansionary
policy to help the country ride out the global economic crisis.

$PEND
A RM7 BILLION STIMULUS
PACKAGE ON 15 PROJECTS THAT
WILL HAVE A MULTIPLIER EFFECT
ON THE ECONOMY, AND UPLIFT
THE PEOPLE’S WELFARE

EMPLOYEES CAN REDUCE

EPF CONTRIBUTIONS BY 3%

$PEND
VOLUNTARILY FOR UP TO 2 YEARS
FROM JAN 1. THIS MEASURE
CAN PLACE RM4.8 BILLION IN
THE HANDS OF CONSUMERS TO
DRIVE THE ECONOMY IF ALL EPF
CONTRIBUTORS OPT FOR IT

HIGHER CAR LOAN CEILING

FOR SOME CATEGORIES OF

$PEND
THE REVISED NUMBERS:
GOVERNMENT SERVANTS
HOUSING LOAN REPAYMENT
PERIOD CAN BE EXTENDED
TO 30 YEARS FOR ALL CIVIL
SERVANTS, INCLUDING CURRENT
MORTGAGEES

Historic polls ... An image of US presidential hopeful »Gross domestic production (GDP) growth for 2009 now 3.5% (instead of 5.4%).
Senator Barack Obama sculpted from gravel and sand in Barcelona
by artist Jorge Rodriguez-Gerada. Americans started voting in historic
»Budget deficit projected to rise to 4.8% from 3.6% earlier
elections yesterday to pick either their first black president or the oldest »Estimated revenues expected to go down from RM176.22 billion to RM168.73 billion.
man (Senator John McCain) to win a first term in the White House. The
first results of the hard-fought elections, which major polls predict will go
»Inflation rate expected to be 3-4%.
Obama’s way, will be known later today.
reports pages 11&12 » RM7b to boost economy pg2 » Editorial: Keep it clean pg17