Having inherited a concerning amount of government debt and obligations from its predecessor, Malaysia's newly elected political party faces a tough balancing act between being fiscally responsible and meeting its ambitious goals for socioeconomic reform. This article explores the friction between these two objectives by analyzing the fiscal policies proposed and implemented by the new administration as well as future improvements needed for long-term prosperity in public finance.
Ni, Hillary (Zhenyang), "Challenges of Government Debt for Fiscal Policies in Malaysia" (2019). Volume 37 - The New Malaysia (2019). 3.