Audit Report: Federal govt’s financial performance improves in 2023, achieves surplus and decrease in deficit
KUALA LUMPUR (Oct 14): The federal government recorded better financial performance in 2023 compared to 2022, with a surplus increase of RM2.028 billion and a deficit reduction of RM8.595 billion. This brought the country’s deficit-to-gross domestic product (GDP) ratio down to 5.0 per cent in 2023 from 5.5 per cent in 2022, according to the [...]
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