KUALA LUMPUR, Feb 28 — Malaysia’s economic growth is likely to moderate in 2023 with the gross domestic product (GDP) expected to grow 4.1 per cent after an exceptional 8.7 per cent expansion in 2022, said Moody’s Analytics.
KUALA LUMPUR, Feb 25 — Malaysia should be able to pursue higher economic growth going forward if the government can sustain discipline to ease its fiscal constraints, according to RAM Rating Services Bhd (RAM Ratings).
KUALA LUMPUR, Feb 24 — The fiscal deficit for the Medium-Term Fiscal Framework (MTFF) 2023 - 2025 is expected to consolidate at a gradual pace with the overall balance averaging at 4.1 per cent of gross domestic product (GDP), the Ministry of Finance (MoF) said.
KUALA LUMPUR, Feb 22 — If the national deficit is to shrink, the government needs to spend prudently and efficiently in order to give the highest return with a zero leakage rate, said an economist.
KUALA LUMPUR, Sept 23 — Government revenue increased 4.6 per cent year-on-year to RM106.4 billion in the first half (H1) of 2021, which fell below the Budget 2021 estimate.
KUALA LUMPUR, July 28 — The International Monetary Fund (IMF) has revised downwards the 2021 economic outlook for Asean-5 countries by 0.6 per cent to 4.3 per cent, as the recent Covid-19 infection waves are causing a drag on activity.
KUALA LUMPUR, July 2 — The implementation of the National People’s Well-Being and Economic Recovery Package (Pemulih) is expected to have an impact on the government’s fiscal situation and a new fiscal deficit target will be made when the effects of the current movement control order (MCO) on the Gross Domestic Product (GDP) are announced in August.
PUTRAJAYA, March 18 — Malaysia's fiscal deficit is expected to rise to 6.0 per cent from an earlier estimate of 5.4 per cent this year following the implementation of the Pemerkasa stimulus package announced by Prime Minister Tan Sri Muhyiddin Yassin yesterday.
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