Govt to revise deficit target following Pemulih impact

Treasury deputy secretary-general (policy) Zakiah Jaafar said the RM150bil Pemulih involves an additional direct fiscal injection of RM10bil, which will obviously impact the government’s fiscal position.

KUALA LUMPUR: The implementation of the National People’s Well-Being and Economic Recovery Package (Pemulih) is expected to have an impact on the government’s fiscal situation.

Therefore, a new fiscal deficit target will be made when the effects under phase one of the National Recovery Plan (NRP) on the gross domestic product (GDP) are announced in August.