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LimKitSiang: Election spending risks credit downgrade, say S&P and Moody’s

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By Shannon Teoh The Malaysian Insider Apr 26, 2012 KUALA LUMPUR, April 26 — The federal government’s record spending binge ahead of elections expected within months may result in Malaysia’s first credit-rating downgrade in 15 years. Bloomberg reported today that several top rating companies say Putrajaya must bring down its debt, the second highest in [...]

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