PETALING JAYA: Malaysia may not achieve a lower fiscal deficit target of 3.8% of gross domestic product (GDP) this year versus 4.1% in 2024, warn analysts, as the economy faces risks of slower growth this year.
As of December 2024, Malaysia’s debt-to-GDP ratio stood at 64.6%, amounting to RM1.25 trillion, according to the Finance Ministry’s quarterly report for the fourth quarter of 2024.
