Article Related To Fiscal Responsibility Act

The theme "Empowering the People" maintains the government's momentum towards human capital development in Malaysia.

The economic growth is supported by improvements in labour market conditions as well as ongoing income support measures from the govt.

Any govt operating expenditure must be based on govt revenue but govt's flexibility to borrow should be allowed for development expenditure.

The MoF plans to table the Fiscal Responsibility Act (FRA) in Parliament by the end of this year.

Tengku Zafrul said that as a result, the pace of consolidation would be gradual.

The government intends to introduce the Fiscal Responsibility Act next year with the aim of improving governance, accountability and transparency in the country's fiscal management.

The government is committed to continuing its fiscal reforms agenda to strengthen public finances once the economy recovers.

Bank Negara Malaysia (BNM) said the fiscal space used for COVID-19 pandemic needs to be rebuilt.

The government aims to reduce the fiscal deficit to under 4 per cent of gross domestic product (GDP) over the next three to four years under its fiscal reform agenda.

The government will continue to explore various options to increase the national income including diversification of revenue sources.

Beijing looks to improve its foothold in a region historically under the US sphere of influence.

Washington's approach changes dramatically with the initial meeting between US and Russian negotiators.

Doctors say a polymicrobial infection occurs when two or more micro-organisms are involved and can be caused by bacteria, viruses, or fungi.

Sara Duterte makes her first legal move to fight the case that could lead to her removal and lead to a lifetime ban from public office.

I feel so full of life, so much energy, because everything's new and I'm just focused on what is up ahead, Hamilton says.

The UAE's stance matters as its one of four Arab nations that normalised ties with Israel during Trumps first term.

The megastar's "The Tortured Poets Department" record also topped four IFPI charts, the IFPI says.

Years of rebuilding work, including clearing unexploded ordinance and millions of tonnes of rubble lie ahead.

Liew Chin Tong says the restrictions would not affect the development of the domestic data centre ecosystem as a whole.

A court cannot decide that the parliament or the government must take any specific action, the Supreme Court says.