PUTRAJAYA, Oct 12 (Bernama) -- The government is committed to gradually reducing the fiscal deficit to three per cent in the medium term to ensure the country's financial position remains sustainable, with a target to reduce the deficit to 3.3 per cent of gross domestic product (GDP) by 2027.
Business : Government Committed To Gradually Reducing Fiscal Deficit â Treasury Sec-Gen
Fiscal Deficit, Financial Position, Economy, Mal
BE Bernama 
Key takeaways
The government aims to reduce the fiscal deficit to 3% by 2028, with a 2027 target of 3.3% of GDP.
- Government plans to reduce fiscal deficit to 3.3% of GDP by 2027.
- Economic growth is expected to moderate slightly due to global uncertainties.
- Federal Government expenditure is set to increase to RM459.8 billion in Budget 2027.
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