Financial reforms needed to safeguard fiscal health


A key takeaway from the report is the Auditor-General’s recommendation for the government to focus on increasing revenue and improving governance in public expenditure.

THE federal government’s financial performance in 2023, as highlighted in the recent Auditor-General’s report, paints a nuanced picture.

On the one hand, there are clear signs of improvement, such as the surplus increase of RM2.03bil and a reduction in the deficit by RM8.6bil.

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