KUALA LUMPUR - Malaysia's biggest federal budget could double up as an election manifesto for the longest-ruling party Umno, as it aims to retain federal power outright after a shock defeat in the 2018 general election.
Analysts said that the RM371.6 billion (S$114.3 billion) budget unveiled on Friday, if passed by Parliament, could be used by the ruling party to appease lower-income groups that form a major bulk of the electorate.
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