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Fitch Solutions sees Malaysia on track for fiscal consolidation

oktober 11, 2022by Reacties uitgeschakeld voor Fitch Solutions sees Malaysia on track for fiscal consolidation

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KUALA LUMPUR, Oct. 11 (Xinhua) — Following the unveiling of Malaysia’s Budget 2023 last Friday, Fitch Solutions on Tuesday maintained a fiscal deficit forecast for the country at 6.1 percent of gross domestic product (GDP) in 2022 and 5.6 percent of GDP in 2023.

“This implies that we expect the budget shortfall to come in wider than the government’s latest projections for 2022, but roughly similar for 2023,” th

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