Finance minister: Govt stands by roadmap on fiscal consolidation to restore economy | Malay Mail

📆 15/10/2019 01:32 ص
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KUALA LUMPUR, Oct 14 — The government is on the right course to put the country back on its fiscal track and restore the economy as espoused in its three-year financial roadmap despite entrenched uncertainties brought about by the US-China trade war which has...

Monday, 14 Oct 2019 12:12 PM MYT

The government is on track to achieve the targeted deficit of 3.4 per cent of gross domestic product in 2019. The economic roadmap, which was announced by the Ministry of Finance in September last year, aims to put Malaysia on a path to sustainable growth with fiscal discipline, prudent budgeting, monetary stability and low inflation despite the challenges and global economic uncertainties.

“Incentivising businesses and attracting foreign investment with incentives valued at RM10 billion over 10 years, together with the RM6.5 billion job creation programme which creates 350,000 jobs, will put Malaysians back to work and back in business.

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A-G’s Report: Govt still exposed to RM66b worth of debt owed by five Ministry of Finance Inc companies | Malay MailKUALA LUMPUR, Oct 14 — The auditor-general (A-G) has urged Putrajaya to impose a ceiling on how much debt it can guarantee in a bid to rein in its staggering exposure to liabilities owed by government-linked entities. The recommendation was made in the 2018 federal audit which found federal...
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