Finance Minister Lim Guan Eng: Improved tax collection strategies and continued economic growth will ensure that Malaysia readily meets its fiscal consolidation objectives.
PETALING JAYA: International rating agencies are confident Malaysia will meet its fiscal targets, particularly the 3.4% fiscal deficit-to-gross domestic product (GDP) ratio this year, according to the Finance Ministry (MoF).
The ministry issued a statement yesterday following Finance Minister Lim Guan Eng’s recent visit to the United States in April, where he engaged with international rating agencies such as S&P, Fitch and Moody’s to provide an update on Malaysia’s current economic and financial developments.
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