BFM 89.9
The Business Station
How Close Is Malaysia to a Fiscal Crisis?
27 mins·12:00, 30 Jun 2026
How Close Is Malaysia to a Fiscal Crisis?
27 mins
·
12:00, 30 Jun 2026
·
Recommended
52 mins
43 mins
Guest: Julia Goh, Senior Economist, UOB Malaysia
Malaysia's statutory debt is sitting at 64% of GDP, dangerously close to the legal limit of 65%. The fiscal deficit target of 3.5% looks increasingly hard to meet. How does Malaysia get its fiscal house in order, and what happens if it doesn't?
We discuss:
What is the impact of missing the country’s fiscal deficit target by a significant margin?
Is it possible to reduce the national debt to 60% of GDP by 2030?
Could Malaysia find itself in a position similar to Indonesia, facing a sovereign credit rating downgrade?
Image credit: Pixabay
Presenter: Elaine Boey
Producer: Sandhya Menon, Elaine Boey
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