Guan Eng: It's difficult for Malaysia to achieve a balanced budget right now


Lim Guan Eng. -filepic

KUALA LUMPUR (Bernama): The government's aspiration to achieve a balanced budget seems to be out of reach right now or even for the next few years due to the country's financial limitation and restraints, according to Finance Minister Lim Guan Eng.  

He said the fact that the country's debt was amounting to RM1 trillion had also made it difficult.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

JPJ, MBSJ crack down on cargo bicycle misuse by foreigners in Puchong
'Najib made Attila the Hun look like a choirboy' says judge in 809-page judgment
Education Department targets over 95% secondary school enrollment
Johor polls: MIC to contest four seats
Boy dies after collapsing at water park in Selangor
Sabah govt welcomes Japan’s decision to lower travel advisory level for eastern areas
Samsung strengthens nation-building efforts
Expansion of govt's medicine delivery scheme will help the vulnerable, says consumer group
State polls 2026: BN to finalise seat negotiations within a week
Medicine supplies stable, some items under close monitoring, says Health Minister

Others Also Read