You are here

Other revenue sources may cover higher fiscal deficit in Malaysia

With oil price fall, government has already squeezed as much as it can from industries & companies: economists

Kuala Lumpur

ALTHOUGH heavy election spending ballooned Malaysia's fiscal deficit to an alarming 5.6 per cent of GDP in the first half, its 3.1 per cent target for the year can still be achieved because of "additional revenue-enhancing measures", economists say.

But unless oil