Six SRIs, Public Finance to create RM13bil fiscal space


  • Business Premium
  • Tuesday, 05 Jul 2011

KUALA LUMPUR: Six strategic reforms initiatives (SRIs) announced today, which includes the Public Finance SRI, aims to create RM13 billion in fiscal space and complete the framework for the Economic Transformation Programme (ETP).

Fiscal space is defined as room in a government's budget that allows it to provide resources for a desired purpose without jeopardising the sustainability of its financial position or the stability of the economy.

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