Govt working to reduce fiscal deficit to 4.3% this year, says Fahmi

KUALA LUMPUR: The unity government will make efforts to reduce the country's fiscal deficit rate to 4.3% this year, says Communications Minister Fahmi Fadzil (pic).

Fahmi, who is the government’s spokesperson, said Malaysia recorded a three per cent gross domestic product (GDP) growth in the fourth quarter of 2023, despite facing a challenging external environment during that year.