Malaysiakini News

Gov't unlikely to achieve balanced budget due to RM1 trillion debt

Kow Gah Chie  |  Published:  |  Modified:

PARLIAMENT | The government is expected to table a budget deficit for the next few years, Finance Minister Lim Guan Eng told the Dewan Negara today.

"With our financial shortage and constraints as well as the RM1 billion debt, I fear that we are unable to achieve a balanced budget, not only for 2019, but also for the following years," he said.

The previous BN government had targeted a balanced budget by 2020, but later said that it would be delayed for several years due to fiscal challenges...

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