KUALA LUMPUR, Sept 18 — Budget 2024 is likely to feature a delicate balancing act by the government between continued economic support while ensuring debt sustainability, said...
KUALA LUMPUR, Sept 18 — Budget 2024 is likely to feature a delicate balancing act by the government between continued economic support while ensuring debt sustainability, said RHB Research.
“The fiscal resources would be channelled in a more targeted approach and allocated in priority areas,” it said. RHB Research said that on the expenditure side, it expects the development expenditure allocation to trend around RM95-100 billion, in line with the revised spending ceiling for the 12th Malaysia Plan programmes projects.“One of the key focuses would be the certainty and timing of fuel subsidies rationalisation.
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