Emerging Asia Economics

Emerging Asia Chart Book

26 October, 2017

Malaysia’s budget won’t be a giveaway bonanza

While Malaysia has made good progress in bringing down its budget deficit, there remains limited room for a pre-election giveaway in the 2018 budget, which is due to be announced on 27th October. Given that Prime Minister Najib Razak must hold an election by August 2018, there has been some speculation that this budget will include a generous amount of giveaways. However, there remains little fiscal space to do so if the government is to keep to its deficit target of around 3% of

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