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KUALA LUMPUR (July 12): Public Investment Bank Bhd (Public IB) has maintained its headline inflation projection at 3.0% year-on-year, with risks skewed towards the lower end of the official 2.0%-3.5% range, contingent on the timing of the RON95 subsidy rationalisation.
The bank said that in light of renewed fiscal discipline, the potential introduction of targeted subsidies for RON95 in the…
