Malaysia's Fiscal Consolidation Remains On Track With Lower 1Q Deficit

KUALA LUMPUR, May 22 (Bernama) -- The federal government’s fiscal deficit decreased to RM21.9 billion in the first quarter of 2025 (1Q 2025), compared to RM26.4 billion in the same period last year, indicating that fiscal consolidation remains on the right track.

Ringgit Strengthens Against US Dollar At Opening Following Moody’s US Credit Downgrade

By Zufazlin Baharuddin

KUALA LUMPUR, May 19 (Bernama) -- The ringgit opened higher today against the US dollar buoyed by Moody’s Ratings recent downgrade of the US credit rating on concerns over rising debt.

Economists Lower Malaysia's GDP Growth Forecast To 4.5 Pct, Remain Confident In Economy's Resilience

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 5 (Bernama) -- Economists revised downwards Malaysia’s 2025 gross domestic product (GDP) growth to 4.5 per cent due to the debilitating tariffs implemented by the United States (US), but remained confident in the economy’s resilience.

Malaysia Confident In Weathering US Tariffs With Solid Economic Fundamentals

KUALA LUMPUR, May 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim is confident that Malaysia’s strong economic fundamentals will enable the country to navigate the global uncertainties following the recent announcement of retaliatory tariffs by the United States (US).

Dewan Negara Passes Supplementary Supply Bill (2024) 2025

KUALA LUMPUR, March 24 (Bernama) -- The Dewan Negara today passed the Supplementary Supply Bill (2024) 2025 authorising additional expenditure of RM20.19 billion from the Consolidated Fund for government services.

BIMB Securities Forecasts Lower Malaysia Budget Deficit Of 3.9 Pct In 2025

KUALA LUMPUR, March 14 (Bernama) -- Malaysia’s budget deficit is forecast lower at 3.9 per cent for 2025, said BIMB Securities Sdn Bhd.

MADANI Economy indicators Record Positive Achievements Thus Far -- Dr Zaliha

KUALA LUMPUR, March 13 (Bernama) -- Indicators that determine the success of the MADANI Economy framework have shown positive achievements thus far, said Minister in the Prime Minister’s Department (Federal Territories) Datuk Seri Dr Zaliha Mustafa. 

Govt Committed To Reducing Deficit To 3.8 Pct In 2025 - Amir Hamzah

KUALA LUMPUR, March 3 (Bernama) - The government remains committed to reducing the deficit with a projection of 3.8 per cent in 2025, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

MADANI Govt’s Fiscal Discipline boosting Investor Confidence

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Feb 19 (Bernama) -- The Madani government's fiscal discipline has successfully reduced the fiscal deficit from 5.5 per cent in 2022 to 4.1 per cent in 2024, demonstrating a strong recovery in debt reduction and boosting global investor confidence, said an economist. 

Ringgit Opens Higher Against US Dollar On Stronger GDP Growth In 4q 2024

KUALA LUMPUR, Feb 17 (Bernama) -- The ringgit opens higher against the US dollar and ASEAN currencies due to stronger Malaysia’s gross domestic product (GDP) growth in the final quarter (4Q) of 2024, said an analyst.

Strong GDP Growth Proves Effectiveness Of MADANI Economic Policies - PM Anwar

KUALA LUMPUR,  Feb 15 (Bernama) -- The strong gross domestic product (GDP) growth of 5.1 per cent in 2024 is a testament to the effectiveness of the MADANI Economy policies, said Prime Minister Datuk Seri Anwar Ibrahim.

5.1 Pct GDP Growth In 2024 Reflects MADANI Govt's Determination To Boost Economy

KUALA LUMPUR, Feb 14 (Bernama) -- The 5.1 per cent gross domestic product (GDP) growth achieved in 2024, which exceeds the initial official forecast of four to five per cent, reflects the MADANI government’s confidence and determination to turn around the Malaysian economy, said the Ministry of Finance (MoF).