Fiscal deficit projected at 3.7% this year and 3.4% in 2019


  • Economy Premium
  • Saturday, 03 Nov 2018

AGAINST market expectations of an austerity budget and despite a trillion-ringgit debt, Budget 2019 is one that is expansionary, with the fiscal deficit projected at 3.7% in 2018 and 3.4% in 2019.

The gross development expenditure in 2019 is to be maintained at RM54.7bil, almost similar to the RM54.9bil the government spent in 2018.

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