Enterprise Explores

How Close Is Malaysia to a Fiscal Crisis?


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Malaysia's statutory debt is sitting at 64% of GDP, dangerously close to the legal limit of 65%. The fiscal deficit target of 3.5% looks increasingly hard to meet. How does Malaysia get its fiscal house in order, and what happens if it doesn't?

We discuss:

  • What is the impact of missing the country’s fiscal deficit target by a significant margin? 

  • Is it possible to reduce the national debt to 60% of GDP by 2030? 

  • Could Malaysia find itself in a position similar to Indonesia, facing a sovereign credit rating downgrade?

Image credit: Pixabay

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Enterprise ExploresBy BFM Media


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