In progressEconomy
Reduce the fiscal deficit below 3% of GDP within two years
Amir Hamzah said Malaysia aimed to reduce its fiscal deficit below 3% of GDP within two years through fiscal consolidation and subsidy reforms.
Progress percentage not established
The October statement reports a 3.7% deficit for 2025 and continuing reforms. That GDP ratio is not a completion score. A result for the two-year horizon was not established; no exact day is imposed on the stated horizon.