Mobilising fiscal tools for economic recovery

The government has tabled a motion in Parliament to increase its statutory debt limit, taking into account the financing needs of the recovery measures and the implementation of the 12th Malaysia Plan

THE Malaysian government is confident the economy will recover and record positive growth in 2021, as it maintains a fiscal stance that prioritises steering the nation out of the pandemic crisis.

The rollout of more targeted recovery measures has positively impacted the economy as reflected by the strong economic growth of 7.1% in the first half of the year.