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PETALING JAYA: International rating agencies are confident Malaysia will meet its fiscal targets, particularly the 3.4% fiscal deficit-to-gross domestic product (GDP) ratio this year, according to the Finance Ministry (MoF).
KUALA LUMPUR: The international rating agencies are confident Malaysia will meet its fiscal targets, particularly the 3.4% fiscal deficit to GDP ratio this year, the Finance Ministy said in a statement.
PETALING JAYA: Expectations that the fiscal deficit level will decrease are running high on the back of rising sentiment on crude oil prices.
PETALING JAYA: Allowing a larger fiscal deficit and running the risk of a sovereign credit rating downgrade in 2019 could cause balance of payments stress, given Malaysia’s high short-term external debts and low foreign exchange (forex) reserves, said Nomura.
TOKYO: Bank of Japan policymakers expressed confidence their aggressive monetary stimulus was working and urged the government to promote fiscal reforms to keep unwelcome bond yield rises in check, minutes of the central bank's August rate review showed.
NEW YORK: Investors are looking for a compromise to keep the U.S. economy from sailing over the fiscal cliff. It's just not clear that the politicians in Washington are ready to deliver one.
India's state-run oil companies are feeling the pain of the finance minister's determination to meet his fiscal deficit target, with officials warning that exploration is under threat and losses at oil firms could steepen.
KUALA LUMPUR: The country is progressing on the right track towards restoring its fiscal position within three years after being damaged by the 1Malaysia Development Bhd (1MDB) scandal, says Finance Minister Lim Guan Eng.
KUALA LUMPUR: Strict compliance with fiscal discipline as well as better debt management will continue to be given emphasis to tackle the federal debt of over RM1 trillion, said Finance Minister Lim Guan Eng.
KUALA LUMPUR: The government may rationalise fiscal expenditure in the upcoming Budget 2018 as it seeks to maintain an efficient and prudent fiscal management, according to Second Finance Minister Datuk Seri Johari Abdul Ghani.