KUALA LUMPUR: The federal government’s fiscal deficit decreased to RM21.9 billion in the first quarter of 2025 (1Q 2025), compared to RM26.4 billion in the same period last year, indicating that fiscal consolidation remains on the right track.
The Ministry of Finance (MoF) said the lower quarterly fiscal deficit was attributed to better revenue collection and expenditure optimisation in consonance with fiscal consolidation initiatives.
