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Business 23 Jul 2019 | 12:00 AM

Malaysia’s 2020 fiscal deficit target a ‘challenge’

KUALA LUMPUR: Malaysia will find it challenging to meet its 3% fiscal deficit target for next year due to uncertainties around the US-China trade war, the finance minister told Reuters in an interview.

Corporate News 02 Nov 2018 | 8:00 AM

Economic Report 2019: Fiscal deficit at 3.4% vs 3.7% this year

THE government forecasts its fiscal deficit to decline to 3.4% in 2019 from 3.7% this year underpinned by much higher revenue collection, especially from investment income.

Economy 04 Jun 2018 | 5:38 AM

Support for Pakatan to postpone pledges to maintain fiscal deficit

PETALING JAYA: Finance Minister Lim Guan Eng’s action to postpone the five pledges of Pakatan Harapan should be applauded as it seeks to maintain the fiscal deficit of 2.8%, says Tan Sri Ramon Navaratnam.

Business 07 Nov 2012 | 12:00 AM

Election over, Obama faces fresh challenge with 'fiscal cliff'

WASHINGTON: Barack Obama won re-election on Tuesday night, but the U.S. president faces a fresh challenge confronting the fiscal cliff, a mix of tax increases and spending cuts due to extract some $600 billion from the economy barring a deal with Congress.

Business 12 Oct 2013 | 12:00 AM

Republican offer raises expectations for end to US fiscal impasse

WASHINGTON: A glimmer of hope for a breakthrough flickered in the fiscal impasse which has crippled Washington and threatened serious damage to the global economy.

Business 13 Oct 2013 | 2:53 PM

US fiscal negotiations sputter as deadline nears

WASHINGTON: Congressional negotiations to end a U.S. fiscal crisis gripping Washington and spooking financial markets hung by a thread on Saturday after bipartisan talks broke down in the House of Representatives and shifted to Senate leaders.

Business 12 Nov 2018 | 12:00 AM

Restoring fiscal health, refocusing priorities

Comment - By Lee Heng Guie WE understand the government has to make choices and trade-offs to manage the medium-term fiscal challenges and limitations. It is indeed a tough and challenging political balancing act for the Finance Minister to craft a responsive budget without impairing growth and worsening the fiscal deficit.

Business 10 Mar 2009 | 12:00 AM

Fiscal stimulus the way forward

AMID the global economic crisis, countries are turning on the fiscal tap apart from maintaining an expansionary monetary policy to arrest their deteriorating macroeconomic conditions.

Business 21 Feb 2009 | 12:00 AM

Facing the fiscal deficit

BY signing the much-needed, massive economic-stimulus package worth US$787bil into law over the week, US president Barack Obama has also brought in another huge challenge with which his administration would have to contend - the burgeoning fiscal deficit.

Business 16 Apr 2007 | 12:00 AM

Towards a fairer fiscal system

The existing fiscal structure in Malaysia is antiquated and in need of reform.