Malaysia's fiscal deficit narrows to 3.7 pct as PM Anwar says global headwinds, intensifying trade tensions continue to shape nation

The government is also exploring ways to expand SARA purchases to more small shops, particularly in rural areas

MOF reiterates that no STR, SARA applications, payments are conducted via WhatsApp

PM press sec says largest-ever allocation for initiatives reflects govt’s commitment to address rising living costs

Rahmah assistance will be revoked if applicants submit false information, it says

PM reminds public not to be swayed by polemics, narrow sentiments which can erode nation’s fundamental strengths

Anwar says millions will receive up to RM500 to cover basic living needs

Anwar hails Madani administration’s moves this year in enhancing people’s well-being

Deputy finance minister says no group should be sidelined when it comes to subsidies

Savings reduce pressure on nation's fiscal position, enabling funds to be redirected for more productive purposes, says MOF

Number of Phase Four recipients has incresed by 500,000 individuals, households, says Finance Ministry

Rahmah Basic Aid to be channelled in February in time for Ramadan, Chinese New Year

Nation's structural reforms continues solidly, external shocks can be weathered more effectively

Over 27,000 recepients are expected to benefit from move

Some recipients may still require continued support from govt, says minister

Anwar says the appreciation aid aimed at easing cost of living pressures for millions

No complaints in past four, five days, says Anwar

True measure of country’s success lies ability to distribute prosperity fairly, ensure people's well-being, says Anwar

PM stresses assistance distributed based on need, warns against inflammatory polemic

KUALA LUMPUR, July 6 — Malaysia’s fiscal consolidation efforts are beginning to bear fruit, with measures to narrow the fiscal deficit and reduce government debt gaining traction despite criticism, signalling a positive outlook for the country’s sovereign credit ratings.