![MADANI Economy to drive positive change in Malaysia MADANI Economy to drive positive change in Malaysia](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-07/81690438357_AnwarIbrahim.jpg)
MADANI Economy to drive positive change in Malaysia
The theme "Empowering the People" maintains the government's momentum towards human capital development in Malaysia.
Fri Jul 28 2023
![World Bank: Malaysia's economic growth to moderate at 4.3 per cent this year World Bank: Malaysia's economic growth to moderate at 4.3 per cent this year](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-02/51675234371_MenaraBerkembarKu.jpg)
World Bank: Malaysia's economic growth to moderate at 4.3 per cent this year
The economic growth is supported by improvements in labour market conditions as well as ongoing income support measures from the govt.
Fri Mar 31 2023
![Fiscal Responsibility Act to include caps on govt debt levels - Ahmad Maslan Fiscal Responsibility Act to include caps on govt debt levels - Ahmad Maslan](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-02/71676956845_TimbalanMenteriKe.jpg)
Fiscal Responsibility Act to include caps on govt debt levels - Ahmad Maslan
Any govt operating expenditure must be based on govt revenue but govt's flexibility to borrow should be allowed for development expenditure.
Wed Feb 22 2023
![Finance Ministry to table Fiscal Responsibility Act by year-end Finance Ministry to table Fiscal Responsibility Act by year-end](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-01/81642318302_Zafrul.jpg)
Finance Ministry to table Fiscal Responsibility Act by year-end
The MoF plans to table the Fiscal Responsibility Act (FRA) in Parliament by the end of this year.
Fri Jun 17 2022
![Malaysia's fiscal stance to remain expansionary this year - Finance Minister Malaysia's fiscal stance to remain expansionary this year - Finance Minister](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2021-09/81631159480_TengkuZafrul.jpg)
Malaysia's fiscal stance to remain expansionary this year - Finance Minister
Tengku Zafrul said that as a result, the pace of consolidation would be gradual.
Tue Mar 22 2022
![Govt to introduce Fiscal Responsibility Act next year - Tengku Zafrul Govt to introduce Fiscal Responsibility Act next year - Tengku Zafrul](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2021-10/41635502446_bajetparlimen.jpg)
Govt to introduce Fiscal Responsibility Act next year - Tengku Zafrul
The government intends to introduce the Fiscal Responsibility Act next year with the aim of improving governance, accountability and transparency in the country's fiscal management.
Fri Oct 29 2021
![Govt committed to continue fiscal reforms agenda through Fiscal Responsibility Act - MoF Govt committed to continue fiscal reforms agenda through Fiscal Responsibility Act - MoF](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2021-08/51630407177_KementerianKewangan.jpg)
Govt committed to continue fiscal reforms agenda through Fiscal Responsibility Act - MoF
The government is committed to continuing its fiscal reforms agenda to strengthen public finances once the economy recovers.
Fri Oct 29 2021
![Fiscal space for COVID-19 pandemic needs to be rebuilt, says BNM Fiscal space for COVID-19 pandemic needs to be rebuilt, says BNM](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2021-02/61613018019_NorShamsiahMohdYu.jpg)
Fiscal space for COVID-19 pandemic needs to be rebuilt, says BNM
Bank Negara Malaysia (BNM) said the fiscal space used for COVID-19 pandemic needs to be rebuilt.
Thu Feb 11 2021
![Fiscal deficit to be reduced below 4 pct over next 3-4 years Fiscal deficit to be reduced below 4 pct over next 3-4 years](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2020-11/41604655290_TengkuDatukSeriZa.jpg)
Fiscal deficit to be reduced below 4 pct over next 3-4 years
The government aims to reduce the fiscal deficit to under 4 per cent of gross domestic product (GDP) over the next three to four years under its fiscal reform agenda.
Fri Nov 06 2020
![Govt exploring options to raise national income, says Tengku Zafrul Govt exploring options to raise national income, says Tengku Zafrul](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2020-06/61592900952_TengkuZafrul.jpg)
Govt exploring options to raise national income, says Tengku Zafrul
The government will continue to explore various options to increase the national income including diversification of revenue sources.
Tue Jul 21 2020