Economy

Reuters interview: Malaysia says 2020 fiscal deficit target a 'challenge'

Reuters interview: Malaysia says 2020 fiscal deficit target a 'challenge'

Malaysia will find it challenging to meet its 3% fiscal deficit target for next year due to uncertainties around the U.S.-China trade war, the finance minister revealed to Reuters in an interview. Southeast Asia’s third-largest economy is dealing with a debt pile of over 1 trillion ringgit ($243.19 billion), which the administration of Prime Minister Mahathir Mohamad has blamed on mismanagement by the previous government.