KUALA LUMPUR, July 31 — The implementation of fiscal consolidation measures is expected to reduce the fiscal deficit to below three per cent and ensure that the debt level does not exceed 60 per cent of the country’s estimated gross domestic product (GDP).
KUALA LUMPUR, Oct 21 — The government is expected to continue its fiscal consolidation measures as part of the debt management strategy following the reported decrease in new debt, which is expected to fall to RM80 billion by 2025.
KUALA LUMPUR, Nov 27 — The government is now looking at further narrowing its fiscal deficit, which eased to 5.6 per cent last year after hitting 6.4 per cent in 2021, amid a much-needed pandemic-induced spending to boost the economy and safeguard Malaysian’s livelihood at large.
KUALA LUMPUR, Oct 16 — Malaysia’s sovereign rating is likely to be status quo for at least the next three to six months, said Maybank Investment Bank (Maybank IB).
KUALA LUMPUR, March 22 — The government will focus on strengthening the country’s fiscal position by expanding revenue and rationalising expenditure.
KUALA LUMPUR, Feb 3 — The government’s current fiscal consolidation plan should include raising revenue collection as Malaysia's revenue is expected to decline further from 15 per cent of gross domestic product (GDP) in 2023 to an average of 14.7 per cent in the medium term, the World Bank said.
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