World Bank: Malaysia needs fiscal buffer to face any contingency


PUTRAJAYA: There is a need for Malaysia to create a fiscal buffer to address any contingency, said World Bank Group (WBG) representative to Malaysia and country manager Firas Raad.

“Our general advice to the government at the moment is to think about building their fiscal buffer and make sure there is enough fiscal space to address any contingency that may emerge, ” he told the media after the launch of WBG Report on Monitoring Occupational Shortages: Lesson From Malaysia’s Critical Occupational List (COL) by Human Resources Minister M. Kula Segaran here yesterday.

World Bank Group

   

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