A better financial outlook with prudent spending

The big plan: EPU assistant director, Maslina Mansor posing for a photograph with the 11th Malaysia Plan book after it was tabled in Parliament.

THE Federal Government is expected to be in a better fiscal position during the five-year long 11th Malaysia Plan with a reduction in deficit expected thanks to higher revenue.

At the end of the 11MP, the fiscal deficit is expected to account for 0.6% of Gross Domestic Product (GDP) compared with a deficit of 3.2% expected at the end of 10MP (2011-2015), as the country moves towards a developed nation status in its quest to achieve Vision 2020.