Budget 2014: Commitment to cut deficit


THE Government is committed to reducing the country’s fiscal deficit gradually, with the aim of achieving a balanced budget by 2020.

Prime Minister Datuk Seri Najib Tun Razak said the Government was also committed to ensure that the Federal debt level would remain low and not exceed 55% of the country’s gross domestic product (GDP).

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Budget 2014 , Parliament , Finance Ministry

   

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