HLIB projects fiscal deficit to widen to 3.6pct of GDP on higher fuel subsidy spending
KUALA LUMPUR: Malaysia's fiscal deficit is projected to widen to 3.6 per cent of gross domestic product GDP this year as higher fuel subsidy spending offsets…
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Summary
KUALA LUMPUR: Malaysia's fiscal deficit is projected to widen to 3.6 per cent of gross domestic product GDP this year as higher fuel subsidy spending offsets the government's fiscal consolidation efforts. Another RM5 billion could be from savings in operating expenditure and a further RM5 billion from dividend income, she said.
Cross-referenced from 2 sources.
Factual coreconfirmed by several independent voices
KUALA LUMPUR: Malaysia's fiscal deficit is projected to widen to 3.6 per cent of gross domestic product GDP this year as higher fuel subsidy spending offsets the government's fiscal consolidation efforts
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Another RM5 billion could be from savings in operating expenditure and a further RM5 billion from dividend income, she said.
according to Bernama
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