Global Macro Service > Research Briefings > Malaysia

Mildly stimulatory budget but fiscal slippage risks high

As expected, the government presented a mildly expansionary budget for 2020, with counter-cyclical measures aimed at supporting the domestic economy amounting to an estimated 0.2% of GDP. As such, the government is targeting a fiscal deficit of 3.2% of GDP in 2020, up from its initial 3% target.

To read the full briefing please
If you are not a subscriber, request a free trial of our Global Macro Service by filling out the form below