Analysts say fulfilling election pledges may raise fiscal deficit


Improving disposable income: Central among the pledges is the confirmation that the unpopular GST will be cancelled and replaced with the SST.

THE unprecedented electoral victory of the new “government-of-the-day” has put Malaysia in uncharted territory.

With the Pakatan Harapan administration now in power, concerns are now rising on whether the new ruling coalition will be able to continue the momentum set by its predecessor and deliver its election promises without hurting federal coffers.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , PH

Next In Business News

Mixed outlook for Swift Haulage earnings potential
Gold and silver jump to record highs on Greenland tariff threats
Japan bonds slump as food tax cut talk adds to election risk
Lianson Fleet set for improving earnings visibility
Advance GDP signals stronger end to 2025
Growing market liquidity poised to buoy Nestle�
Cypark aims for stronger recurring income stream
Recovery in glove sector ongoing but threats linger
EU weaponising US assets a risk, Deutsche Bank’s Saravelos says
Iran’s real oil risk is labour strikes, not bombs

Others Also Read