Datuk Seri Idris JalaSAMUEL ONG / THE STAR, 17TH SEPTEMBER 2015.
“We've also reduced subsidy and undertaken various reforms to lower fiscal deficit and stimulate private investment growth,” he added in his keynote address at a roundtable discussion -The Business Year here on Wednesday.
Idris noted that the reduction in Malaysia's fiscal deficit from 6.6% of GDP in 2009 to 3.2% last year was an indication of a stronger and more sustainable financial position.
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