Government defenseless against high wages, say economists

[ad_1] The latest budget reveals that the salaries of civil servants amount to 84.5 billion ringgit and pensions constitute 11.7% of that number. PETALING JAYA: The government will continue to carry a high wage bill, which occupies a large part of the national budget, and can do nothing about it, …

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‘Greater debt burdens are coming’ | The star

[ad_1] PETALING JAYA: The World Bank has praised Budget 2021 initiatives in trying to strike a balance between providing support and stimulating the economy, but is warning of higher debt in the future. World Bank Group Chief Economist Richard Record said that like governments around the world, the Budget tried …

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Soccer: Lookman earns Parker’s wrath after penalties

[ad_1] LONDON (Reuters) – The next time young midfielder Ademola Lookman penalizes Fulham, if there’s a next time, you can be sure he won’t try anything fancy. The 23-year-old had a chance to beat Fulham a last-gasp point at West Ham United on Saturday, but his shot from the point, …

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