Hope #36: Government that manages the economy well

Datuk Dr Mohamed Ariff, from the International Centre for Education in Islamic Finance (ICEIF), said that Malaysia has “no ammunition” in the fiscal front if the country was hit by a crisis.

This is due to the continuous budget deficit for the past 17 years, which has resulted in federal debt lingering close to the self-imposed ceiling of 55%.

source: Malaysian Insider

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Posted in harapan

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