REUTERS/Elizabeth Frantz/File photo
KUALA LUMPUR: The World Bank acknowledged the government’s efforts to safeguard Malaysia’s long-term fiscal sustainability but maintained a cautious stance on the lower development expenditure (DE) outlined in Budget 2026.
World Bank lead economist for Malaysia Dr Apurva Sanghi emphasised the benefits of budget consolidation -- reducing government deficit and debt -- while highlighting the importance of a balanced approach.
