We estimate that the high oil prices would be negative to the overall fiscal deficit.
THE economy has not fully recovered from the deep scarring effects of the two-year long Covid-19 pandemic amid lingering concerns about the highly transmissible Omicron virus.
Our external sector remains susceptible to any persistent shocks that would threaten the world economy, as a sharp economic slowdown in Malaysia’s major trading partners would weigh on our export engine growth.
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