Choy says maintaining equilibrium between short-term fiscal adjustments and long-term economic goals is essential.Malaysia is embarking on a pivotal journey towards economic resilience as the government reduces subsidies to alleviate fiscal pressure while ensuring market stability.
Choy said the sentiment underscores the delicate balance between fiscal responsibility and shielding lower-income groups from adverse impacts. “Investor confidence is gradually returning as Malaysia positions itself as a stable economy in the region,” Choy said, adding that the country’s trade dynamics are supporting the positive outlook.
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