Zafrul: Malaysia's 2021 fiscal deficit at 6.5% to 7% of GDP

Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz said the government is ready to expand fiscal space whenever necessary to support the economy and the people.

KUALA LUMPUR: Malaysia’s fiscal deficit is expected to go up to between 6.5% and 7% of its gross domestic product (GDP) this year from the 6% targeted earlier, after factoring in the recent stimulus packages announced by the government.

Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz said the government is ready to expand fiscal space whenever necessary to support the economy and the people.