Govt Only Borrows To Fund Fiscal Deficit, Maturing Debt - Amir Hamzah

 KUALA LUMPUR, Oct 15 (Bernama) -- The Ministry of Finance (MoF) only borrows to finance the fiscal deficit and maturing debt to always ensure that it does not borrow excessively. 

Astronautic Not Profit-based Company, But Was Strategic For Satellite Development - MoF

KUALA LUMPUR, Oct 15 (Bernama) -- Astronautic Technology Sdn Bhd (ATSB), a company previously owned by the Minister of Finance (Incorporated), was not a profit-based company but was strategic for the development of satellites.

Govt Recovers RM27.17 Bln Linked To 1MDB As Of September 2024 - Yeoh

KUALA LUMPUR, Oct 15 (Bernama) -- The government has recovered a total of RM27.17 billion related to 1Malaysia Development Bhd (1MDB) as of Sept 30, 2024. 

Supply Bill 2025 Tabled For First Reading In Dewan Rakyat

KUALA LUMPUR, Oct 15 (Bernama) -- The Supply Bill 2025 (Budget 2025) was tabled for the first reading in the Dewan Rakyat today.

Amir Hamzah: Malaysia's 2024 GDP On Track To Surpass National Target

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 8 (Bernama) -- Malaysia is poised to exceed its national growth target in 2024 on the back of sound fiscal policies and an ongoing commitment to reforms under the MADANI economic framework, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Malaysian, Indonesia Lead In Islamic Public Finance Innovations

JAKARTA, Oct 4 (Bernama) -- Malaysia and Indonesia are acknowledged as pioneers in developing Islamic public finance instruments within their fiscal policies, according to Indonesia’s Ministry of Finance (MoF).

Penang Hopes Two State Projects Approved In Budget 2025

GEORGE TOWN, Oct 3 (Bernama) -- Penang hopes that two important state projects, the Juru-Sungai Dua Elevated Expressway and the Penang Silicon Design @5km+, can be approved in the tabling of Budget 2025, said Chief Minister Chow Kon Yeow.

Strong Economic Fundamentals Driving Ringgit's Growth - BNM Governor

KUALA LUMPUR, Oct 3 (Bernama) -- Malaysia's strong economic fundamentals are among the factors supporting the ringgit's growth, even during times of currency weakness, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.

AKPK Reports 53,000 Under-30s Owe RM1.9 Bln - Amir Hamzah

KUALA LUMPUR, Oct 1 (Bernama) -- The Credit Counselling and Debt Management Agency (AKPK) reports that 53,000 individuals under 30 are burdened by nearly RM1.9 billion in cumulative debt.

Budget 2025: KLSICCI Proposes Inclusive Measures For MSMEs To Lift Economic Growth

KUALA LUMPUR, Oct 1 (Bernama) – The Kuala Lumpur and Selangor Indian Chamber of Commerce and Industry (KLSICCI) has submitted several proposals to the Finance Ministry for Budget 2025 to lift and empower micro, small, and medium enterprises (MSMEs) while promoting inclusive economic growth in line with the MADANI Economy framework.

MADANI Initiatives Drive Economic Growth, Strengthen Ringgit – Amir Hamzah

LANGKAWI, Sept 28 (Bernama) -- The country's economy continues to grow steadily, supported by the strengthening of the ringgit in the foreign exchange market, said Finance Minister II, Datuk Seri Amir Hamzah Azizan.

Digital Economy To Meet Or Exceed Projected 25.5 Pct Contribution To GDP By End-2025 - Gobind

KUALA LUMPUR, Sept 27 (Bernama) -- As Malaysia continues to attract investors, Digital Minister Gobind Singh Deo is confident that the digital economy will meet, or even exceed, the projected 25.5 per cent contribution to Malaysia’s gross domestic product (GDP) by the end of 2025.