Budget 2024: Hit Or Miss?

The RM393.8 billion ringgit Budget 2024 hopes to see Malaysia's fiscal deficit narrow from 5% this year to 4.3% of GDP for 2024. Julia Goh, Senior Economist at UOB Malaysia breaks the details down further for us as she assesses how the phasing out of diesel subsidies, the end of chicken and egg price controls and the continuation of targeted electricity subsidies based on consumption might affect Malaysia's economic fortunes.

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