KUALA LUMPUR, Oct 15 (Bernama) -- Malaysia should continue fiscal consolidation, broaden its tax base and improve subsidy targeting to strengthen its resilience to future economic shocks, according to the International Monetary Fund (IMF).
Business : Malaysia Should Broaden Tax Base, Improve Subsidy Targeting To Withstand Future Shocks â IMF
International Monetary Fund, Economic Outlook,
BE Bernama 
Key takeaways
Malaysia should broaden its tax base and improve subsidy targeting to strengthen resilience against future economic shocks, according to the IMF.
- IMF recommends fiscal consolidation and better subsidy targeting for Malaysia.
- Malaysia and Brunei benefit from energy exports and maintain fiscal discipline.
- Asia-Pacific's economic resilience is supported by global growth and trade diversification.
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