Debt and deficits loom

Still room to grow: Workers at a construction site in Kuala Lumpur. Malaysia continues to see economic expansion despite the current global uncertainty. — Reuters

RISING interest payments and a high fiscal deficit have not stopped the government from tabling record-high budgets as seen in the past several years.

Three weeks earlier, the government of Datuk Seri Anwar Ibrahim unveiled Budget 2024 with the highest-ever allocation of RM393.8bil.