Malaysia's economic stimulus to double deficit ASEAN

Malaysia's economic stimulus to double deficit

Malaysia’s fiscal deficit will nearly double to around 6 percent of the gross domestic product (GDP) this year because of the government’s recent efforts to revive the economy, according to Finance Minister Zafrul Abdul Aziz.
Laos not immune to global economic crisis: WB ASEAN

Laos not immune to global economic crisis: WB

Laos’ economic growth is projected to decline in 2020 due to the impact of the COVID-19 pandemic and measures to contain its spread, unveiled a World Bank report on the country’s growth and debt in the year.
Malaysia widens fiscal deficit target World

Malaysia widens fiscal deficit target

Malaysia expects its fiscal deficit to widen to 4 percent of gross domestic product (GDP) this year because of the 58 billion USD stimulus measures announced to counter the impact of the coronavirus pandemic on the economy.
Malaysia: 3 pct fiscal deficit target challenging World

Malaysia: 3 pct fiscal deficit target challenging

Malaysian Finance Minister Lim Guan Eng said on July 22 that Malaysia will find it challenging to meet its 3 percent fiscal deficit target for next year due to uncertainties around the US-China trade war.