Ambitious 12MP Targets But More Details Needed
Firdaos Rosli, Chief Economist, Malaysian Rating Corporation Berhad (MARC)
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Under the 12th Malaysia Plan, the government allocated RM400 billion for development expenditure. This is a 61% increase from the 11th plan yet keeping a fiscal deficit target of 3% to 3.5% of GDP by 2025. Firdaos Rosli, Chief Economist at Malaysian Rating Corporation Berhad tells us if this ambitious targets are achievable.
Image credit: Shutterstock.com
Produced by: Moh Heng Ying
Presented by: Wong Shou Ning, Philip See
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