Govt aims to cut fiscal deficit to 3.8% this year


THE government is committed to lowering Malaysia’s fiscal deficit further to 3.8% this year after reducing it to 4.1% in 2024.

Finance Minister II Datuk Seri Amir Hamzah Azizan (pic) said the growth of Malaysia’s annual debt has also been on a downtrend, from RM100bil in 2022 to RM92.6bil in 2023 and RM77bil last year.

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