Budget Outlook 2017: A Balancing Act Between Maintaining Fiscal Prudence And Managing Growth And The People’s Wellbeing

Economic Research	5 October 2016
Malaysia
Economic Highlights
Budget Outlook 2017: A Balancing Act Between Maintaining Fiscal Prudence And Managing Growth And The People’s Wellbeing We believe the Government is slated to announce a budget spending on 21 October that will likely only be marginally higher for 2017 compared to that in 2016. Despite the rising challenges to its fiscal consolidation drive, we believe the Government remains committed to continue lowering its budget deficit further, albeit only slightly to 3.0% of GDP in 2017, from -3.1% of GDP in the 2016 Budget. Economist:  Vincent Loo Yeong Hong  | +603 9280 2172 Economist: Aris Nazman Maslan | +603 9280 2184
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