KUALA LUMPUR: Kenanga Investment Bank Bhd expects federal government spending to hit a record high of RM430.3 billion next year amid growing operating expenditure (OE) and development expenditure (DE). Ahead of the Budget 2026 presentation next week, the investment bank said in a note today that OE is expected to increase modestly by 2.6 per cent year-on-year to RM342.3 billion in...
KUALA LUMPUR: Malaysia’s household financial assets remain robust, standing at 2.1 times more than total household debt, the Dewan Rakyat was told. This is despite debt levels reaching RM1.65 trillion, equivalent to 84.3% of the nation's gross domestic product (GDP), as at the end of March, said Deputy Finance Minister Lim Hui Ying. She added that while...
KUALA LUMPUR: The Federal Government's debt has risen to RM1.3 trillion as of March 2025, up from RM1.25 trillion at the end of last year, while total liabilities stood at RM384.6bil compared to RM384.8bil previously, says Lim Hui Ying. The Deputy Finance Minister said the increase was due to the government's need to finance fiscal deficits...
