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.

Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.

Topping the demands of Khan's Pakistan Tehreek-e-Insaf (PTI) party is the release of all its leaders, including Khan, who has been jailed on a series of corruption charges since August 2023.

The report highlights that "60 per cent of all female homicides" are committed by "people closely related to them".

Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours.

It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.

This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.

The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.

The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.