Malaysia has seen its overnight policy rate rise by 175 basis points since the start of the year. – The Malaysian Insight file pic, June 6, 2023.
A SHARP decline in the fiscal deficit rate will adversely affect the economy, especially in terms of development projects for education, healthcare and rural infrastructure, Prime Minister Anwar Ibrahim said. Anwar, who is also finance minister, said the deficit should instead be gradually reduced to an acceptable level.
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Source: Financial Digest (financialdigest.net)
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