Deficit for next year in focus


SEPANG, 26 Sept -- Operasi di kedua-dua terminal Lapangan Terbang Antarabangsa Kuala Lumpur (KLIA) dan KLIA2 dilihat terkawal meskipun terdapat penutupan ruang udara Kuala Lumpur bagi kaji selidik udara yang bermula hari ini.Menurut satu kenyataan Malaysia Airlines (MAS) pada minggu lalu berikutan kaji selidik berkenaan penerbangannya yang berlepas dan mendarat di KLIA antara 26 dan 29 Sept telah dijadual semula. Kenyataan syarikat penerbangan itu menyatakan penutupan ruang udara itu membabitkan penerbangan tiba dan berlepas antara 11 pagi dan 11.59 pagi serta antara 2 petang dan 2.59 petang.-- fotoBERNAMA (2016) HAK CIPTA TERPELIHARA

THE one number financial markets will be looking out for is the budget deficit the Government is projecting for next year. At a time when rising indebtedness has been a global concern, a message of a reduction in the fiscal deficit will soothe the nerves of currency and bond traders.

The expectation is that the fiscal deficit will shrink to 3% next year, with many expecting the deficit to reach 3.1% for 2016 although the actual figure in the first half of the year has raised some eyebrows.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , budget deficit , outlook

   

Next In Business News

Malaysia's economy likely grew 3.9% y-o-y in Q1 - advance estimate
Oil prices surge 3% on reports of Israeli strikes on Iran
US bonds rally on reports of Middle East missile strike
Fed policymakers agree: there's no urgency to cut rates
Ringgit opens easier against US$ as Fed turns hawkish
Main Market-bound Keyfield to gain from AWB market upcycle
FBM KLCI continues rebound after two days of recovery
Trading ideas: RHB, Axiata, Yinson, Affin, Kimlun, AWC, Pansar, DC Healthcare, AwanBiru, Systech, Auro, Bursa Malaysia, HeiTech Padu, AmFirst REIT and Sin-Kung Logistics
Farhash no more HeiTech’s substantial shareholder
Trading suspension for Awanbiru

Others Also Read