KUALA LUMPUR, Oct 9 (Bernama) -- Budget 2027 reflects the government's commitment to supporting economic growth while advancing fiscal consolidation, Malaysian Rating Corporation Bhd (MARC) said.
Business : Budget 2027 Strengthens Fiscal Position, Supports Long-term Growth -- MARC
Budget 2027, MARC, Arshad Mohamed Ismail, fiscal d
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Key points
- A narrowing fiscal deficit and sustained development expenditure are also expected to strengthen Malaysia’s economic resilience and long-term growth prospects, its group chief executive officer Arshad Mohamed Ismail said in a statement today.
- Arshad said the government’s continued efforts to broaden revenue sources, improve the efficiency of targeted subsidies and enhance the quality of public spending would further strengthen the country’s fiscal position.
- The gradual shift towards a broader and more sustainable revenue base should strengthen Malaysia’s fiscal position over time, he said.
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Related reporting
6 stories on this topic from 4 sources, oldest first.
- New Straits Times 2027 Budget to balance targeted relief, fiscal reform and growth
- Free Malaysia Today Ringgit opens marginally higher as Budget 2027 fiscal outlook in focus
- New Straits Times MARC: 2027 Budget balances growth with fiscal discipline
- Free Malaysia Today Ringgit ends higher against US dollar on Budget 2027 fiscal discipline
- Bernama Business : Budget 2027 Strengthens Fiscal Position, Supports Long-term Growth -- MARC (this story)
