15d ago
JAKARTA, March 13 (Bernama) -- Indonesia may struggle to keep its budget deficit within the legal ceiling of three per cent of gross domestic product (GDP) if global oil prices continue to surge due to prolonged geopolitical tensions, potentially forcing the government to consider extraordinary fiscal measures.
15d ago
KUALA LUMPUR, March 13 (Bernama) -- Malaysia’s position as a net energy exporter, with petroleum reserves confirmed sufficient until at least May 2026, and the fiscal headroom created by two years of subsidy rationalisation, has placed the country in a meaningfully stronger position than its neighbours to navigate the current global energy crisis.
16d ago
KUALA LUMPUR, March 12 (Bernama) -- The Dewan Rakyat and Dewan Negara sessions for the First Meeting of 2026, which ended today, saw the focus given to boosting the country’s economic resilience, fiscal management, and the government’s efforts to monitor the impact of the West Asia conflicts on the national and global economy.
1m ago
KUALA LUMPUR, Feb 26 (Bernama) -- The Dewan Rakyat today passed the Supplementary Supply (2025) Bill 2026 for RM7.94 billion in additional service expenditure from the Consolidated Fund.
1m ago
KUALA LUMPUR, Feb 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Malaysia will continue on a positive growth trajectory, one that is resilient, inclusive and governed with honour.
2m ago
KUALA LUMPUR, Jan 22 (Bernama) -- The government has succeeded in slowing the growth of debt service charges (DSC) in 2025 to 6.4 per cent, compared with 12.3 per cent in 2023 and nine per cent in 2024, as a result of the implementation of fiscal reform measures and prudent debt management.
3m ago
KUALA LUMPUR, Dec 19 (Bernama) -- The International Monetary Fund’s (IMF) assessment of Malaysia’s economic performance reflects the nation’s prudent fiscal management, strong domestic demand, and commitment to structural reforms under the MADANI Economy framework, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
3m ago
KUALA LUMPUR, Dec 19 (Bernama) -- Malaysia has shown notable resilience against global trade tensions and policy uncertainty with its economy growing at a healthy pace this year, supported by strong domestic consumption and investment, solid employment growth, and a global tech-sector upcycle.
3m ago
KUALA LUMPUR, Dec 18 (Bernama) -- The Senate today passed the Measures for the Collection, Administration and Enforcement of Tax Bill 2025 to strengthen the country’s taxation system.
4m ago
KUALA LUMPUR, Nov 27 (Bernama) -- The federal government's total liabilities are RM390.4 billion as of the end of June 2025 compared to RM384.8 billion at the end of 2024.
4m ago
By Thivyamalini Ramalu
PUTRAJAYA, Nov 27 (Bernama) -- The government’s recent achievement of a services account surplus marks a stronger momentum of recovery for Malaysia’s economy, driven by fiscal discipline, targeted subsidy measures, and more deliberate economic restructuring.
4m ago
ISKANDAR PUTERI, Nov 13 (Bernama) -- The Johor government today tabled a state budget of RM2.546 billion for 2026 compared with RM1.999 billion last year, with efforts to focus on safeguarding Johoreans’ welfare and well-being as well as to strengthen the state’s fiscal position.