CIMB Research positive on Government's fiscal consolidation


KUALA LUMPUR: CIMB Research said it is encouraged by the Government’s affirmation of fiscal consolidation and strengthening of Malaysia’s public finances, the research house said after Prime Minister Datuk Seri Najib Tun Razal chaired the 2015 Budget consultation on Wednesday.

Najib reaffirmed that the Government remains committed to reducing Malaysia’s fiscal deficit to 3.5% of Gross Domestic Product in 2014 and achieving a balanced budget by 2020.

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CIMB Research , fiscal consolidation , GDP

   

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