8h ago
KUALA LUMPUR, Oct 14 (Bernama) -- The expectation of a downward trend in general government debt and Gross Domestic Product (GDP) that is closer to peer medians, supported by a strong consolidation strategy and improved growth prospects, could put upward pressure on Malaysia’s ‘BBB+’ sovereign rating.
1d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Oct 13 (Bernama) -- The World Bank acknowledged the government’s efforts to safeguard Malaysia’s long-term fiscal sustainability but maintained a cautious stance on the lower development expenditure (DE) outlined in Budget 2026.
1d ago
KUALA LUMPUR, Oct 13 (Bernama) -- Bank Negara Malaysia (BNM) will adopt the Malaysian Islamic Overnight Rate (MYOR-i) as the mandatory reference rate for all Islamic financial products beginning July 1, 2027, marking a major structural reform in the country’s Islamic finance landscape.
3d ago
KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia’s net borrowings are expected to decline slightly in 2026 as further fiscal consolidation under the government’s medium-term fiscal strategy reduces the deficit to RM74.6 billion (2025: -RM76.7 billion), CIMB Investment Bank Bhd said.
4d ago
KUALA LUMPUR, Oct 10 (Bernama) -- Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim today presented Budget 2026 totalling RM419.2 billion.
4d ago
By Anas Abu Hassan & K Naveen Prabu
KUALA LUMPUR, Oct 10 (Bernama) -- The federal government’s debt servicing charges (DSC) are projected to increase by 7.6 per cent to RM54.3 billion in 2025, accounting for 16.3 per cent of total revenue compared to a 9.0 per cent increase of RM50.5 billion or 15.6 per cent in 2024.
4d ago
By Siti Radziah Hamzah
KUALA LUMPUR, Oct 10 (Bernama) -- The government’s combined debt and liabilities stood at RM1.69 trillion, equivalent to 84.1 per cent of gross domestic product (GDP) as at end-June 2025, compared with RM1.63 trillion or 84.5 per cent of GDP as at end-December 2024, according to the Ministry of Finance (MoF).
4d ago
By Nurunnasihah Ahmad Rashid and Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 10 (Bernama) -- The government's revenue collection is estimated at RM343.1 billion, driven by an improvement in both direct and indirect tax collection.
4d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Oct 10 (Bernama) -- The government has allocated a total of RM419.2 billion under Budget 2026, representing 19.7 per cent of gross domestic product (GDP), said the Ministry of Finance (MoF).
5d ago
KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, supported by improved local market sentiment ahead of Budget 2026, which is expected to be a key catalyst for the currency.
6d ago
KUALA LUMPUR, Oct 8 (Bernama) -- The federal government has approved loans totalling RM24.15 billion to state governments as of Aug 31, 2025, according to the Ministry of Finance (MOF).
6d ago
KUALA LUMPUR, Oct 8 (Bernama) -- The government’s efforts to implement fiscal consolidation to reduce the deficit have succeeded in saving RM20 billion in borrowings over two years, said Deputy Finance Minister Lim Hui Ying.