KUALA LUMPUR -- Malaysia will review, defer or renegotiate a number of projects totaling at least 10 billion ringgit ($2.5 billion) through the end of the year to meet the fiscal deficit target of 2.8%, a government minister said on Thursday.
The decision comes as the government of Prime Minister Mahathir Mohamad seeks to fulfill promises made during the May 9 election campaign, while at the same time tackling expanded national debt, including guarantees made by the previous government.
