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Business 08 May 2019 | 12:00 AM

International rating agencies confident M'sia can reach fiscal targets

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).

Business 07 May 2019 | 5:22 AM

Rating agencies confident Malaysia can reach fiscal targets

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.

Economy 14 Sep 2018 | 12:00 AM

Govt seen able to improve on its fiscal deficit level

PETALING JAYA: Expectations that the fiscal deficit level will decrease are running high on the back of rising sentiment on crude oil prices.

Economy 12 Sep 2018 | 12:00 AM

Nomura warns of fiscal tension in Malaysia

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.

Business 10 Sep 2013 | 9:00 AM

BOJ board urged fiscal reform at Aug meeting -minutes

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.

Business 10 Nov 2012 | 12:00 AM

Wall Street to Washington: Time to compromise on fiscal cliff

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.

Commodities 11 Nov 2013 | 1:24 PM

India squeezes its oil companies to meet fiscal deficit target

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.

Economy 23 Jan 2019 | 8:41 AM

Malaysia on right track to restoring fiscal position after 1MDB

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.

Markets 08 Aug 2018 | 9:51 AM

Strict fiscal discipline needed to tackle nation's debt, says 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.

Corporate News 04 Oct 2017 | 12:00 AM

Johari: Govt may rationalise fiscal expenditure in Budget 2018

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.