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Economy 02 Nov 2018 | 9:02 AM

MoF: Govt recognises need to enhance fiscal risk management

KUALA LUMPUR: The government recognises the need to enhance fiscal risk management and establish a more robust fiscal framework, with a commitment to further reduce debt and liability by being prudent and fiscally responsible.

Economy 23 May 2018 | 12:00 AM

Malaysia can meet fiscal deficit target even after GST is removed

PETALING JAYA: The audacious move by the Pakatan Harapan government to abolish the goods and services tax (GST) may not necessarily derail Malaysia from its fiscal deficit target, as feared by many economic pundits

Economy 24 Oct 2017 | 12:00 AM

Redefining fiscal deficit

PETALING JAYA: The Government is expected to redefine its fiscal ambition for 2020 as it has become increasingly clear that its earlier target to achieve a near-balanced budget position by the end of the next three years has been challenged by the changing economic circumstances. An economist told StarBiz that the Government would likely set a new target for 2020, the year in which Malaysia is expected to achieve developed nation status when it unveils Budget 2018 this Friday

Business 05 Sep 2013 | 12:00 AM

Moody's: Malaysia needs progress on subsidy rationalisation and other fiscal reforms

PETALING JAYA: Malaysia will need to make further progress on subsidy rationalisation and other fiscal reforms to meet the Government’s fiscal targets.

Economy 14 Jun 2018 | 12:00 AM

Funds optimistic about ringgit asets, Moody's concerned on fiscal outlook

PETALING JAYA: Fiscal discipline by the government remains an important factor in maintaining investors’ confidence towards Malaysia’s capital market, says Moody’s Investors Service.

Economy 03 Nov 2018 | 12:00 AM

Fiscal deficit projected at 3.7% this year and 3.4% in 2019

AGAINST market expectations of an austerity budget and despite a trillion-ringgit debt, Budget 2019 is one that is expansionary, with the fiscal deficit projected at 3.7% in 2018 and 3.4% in 2019.

Economy 25 Oct 2018 | 12:00 AM

Ambank Research: Fiscal deficit may increase under Budget 2019

PETALING JAYA: Malaysia’s fiscal deficit could increase to 3.7%-4.6% of gross domestic product (GDP) under Budget 2019, which is the inaugural budget for the Pakatan Harapan-led government to be tabled in Parliament on Nov 2, according to AmBank Research.

Business 25 Jul 2019 | 12:00 AM

Fiscal deficit reduced by RM14bil

PETALING JAYA: The Pakatan Harapan government has reduced the country’s overspending or fiscal deficit by nearly RM14bil in the first five months of 2019 in comparison to the same period last year.

Business 28 Dec 2013 | 12:00 AM

Better fiscal health with reforms

Malaysia’s fiscal health should improve if structural-reform measures, especially those highlighted in Budget 2014, are executed well.

Economy 14 Dec 2018 | 12:00 AM

RAM projects Malaysia’s 2019 fiscal deficit at 3.3%

KUALA LUMPUR: RAM Ratings Services Bhd has projected Malaysia’s fiscal deficit in 2019 to narrow to 3.3% of the gross domestic product (GDP) from an estimated 3.6% in 2018, amid still-resilient domestic demand growth, the implementation of various fiscal measures and ongoing institutional reforms.