Under the 12th Malaysia Plan, the government allocated RM400 billion for development expenditure. This is a 61% increase from the 11th plan yet keeping a fiscal deficit target of 3% to 3.5% of GDP by 2025. Firdaos Rosli, Chief Economist at Malaysian Rating Corporation Berhad tells us if this ambitious targets are achievable.



Image credit: Shutterstock.com

Under the 12th Malaysia Plan, the government allocated RM400 billion for development expenditure. This is a 61% increase from the 11th plan yet keeping a fiscal deficit target of 3% to 3.5% of GDP by 2025.&nbsp;Firdaos Rosli, Chief Economist at Malaysian Rating Corporation Berhad&nbsp;tells us if this ambitious targets are achievable.

Image credit: Shutterstock.com

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

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