Malaysia may not meet its fiscal deficit targets for 2026 as the Iran war drives up the cost of fuel subsidies, Second Finance Minister Amir Hamzah Azizan said, adding that longer-term goals remain intact.
Malaysia may not meet its fiscal deficit targets for 2026 as the Iran war drives up the cost of fuel subsidies, Second Finance Minister Amir Hamzah Azizan said, adding that longer-term goals remain intact.
The Petronas Twin Towers, center, and other buildings in Kuala Lumpur, Malaysia, on Friday, July 25, 2025. Malaysia's economy grew faster than expected in the second quarter, driven by the services sector, even as the country contends with US President Donald Trump’s rollout of global tariffs. Photographer: Samsul Said/Bloomberg
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