Fiscal deficit reduced by RM14bil


PETALING JAYA: The Pakatan Harapan government has reduced the country’s overspending or fiscal deficit by nearly RM14bil in the first five months of 2019 in comparison to the same period last year.

Given the current fiscal performance, Finance Minister Lim Guan Eng has reaffirmed his confidence that the government would likely achieve its fiscal deficit target of 3.4% of gross domestic product (GDP) in 2019.

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Malaysia , fiscal , deficit , reduced , Lim Guan Eng , economy ,

   

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