Three ways for Malaysia to finance stimulus

Three ways to finance stimulus

PETALING JAYA: The World Bank has outlined three ways the Malaysian government can finance the additional fiscal measures to soften the impact of Covid-19, given its expected shortfall in revenue and constraints relating to its statutory limits.

It said the government’s ability to finance additional fiscal measures in the event of a prolonged pandemic was constrained by its statutory limits on federal government debts, including the requirement for the country’s operating expenditure to be financed by revenue, and not through borrowings.