Fitch Saying Anwar is Handling Finances Like an Ace Now

1 min read
Raise OPR RM100, fitch, ringgit, emadani
Raise OPR or Increase Investment to Fight Ringgit Downfall?

We report here the key views from a Fitch report published recently and ahead of the October Budget 2024. It says it maintains forecast for budget deficit, which will be lesser than 2022 (4.9% of GDP in 2023 versus 5.6% in 2022). It also says up till now, Anwar’s government is on track to achieve end-year targets with revenue and expenditure projections in tact.

Social Media Links

Read More News #latestmalaysia

On Target says Fitch

“We maintain our 2023 forecast for Malaysia’s federal government budget deficit at 4.9% of GDP. This is a narrower deficit than 5.6% in 2022. Up till H123, federal government’s revenue and expenditure have trended closely to projections, and the government remains on track to achieve its end-year target,” it writes. “Meanwhile, total government debt as of H123 remained stable and sits below the ceiling of 65.0% of GDP,” it adds. Good for the government.

logo pakatan harapan, pulai, ph retains pulai, netizens, fitch

Leave a Reply

Previous Story

New: Malaysia a Top Coffee Loving Nation in 2021

Next Story

Police Now Probe Sheffield Wednesday Supporters’ Mockery of Late Mascot Bradley Lowery

Latest from Blog

0 $0.00
%d bloggers like this:
Verified by MonsterInsights