Headline
MediaTitle
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Fiscal policy committee a good move
New Sarawak Tribune
20 Jun 2013
Business
B1
English
N/A
Daily
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Black/white
46,471
164,773
60 cm²
RM 175
RM 524
Fiscal policy
committee
a good move
KUALA LUMPUR: The government's deci­
sion to set up a Fiscal Policy Committee
aimed at reducing Malaysia's fiscal deficit
is considered a very responsible move, said
CIMB Group, Group Chief Executive, Datuk
Seri Nazir Razak.
He said the country certainly needed
to focus on the outstanding debt before it
became an issue.
"You have to start early, and I think it is
very good initiative by the Prime Minister.
"Certainly, you want to do, it before the
market forces you to do so," he said on the
sidelines of the CIMB Annual Asia Pacific
Conference 2013 here yesterday.
Prime Minister Datuk Seri Najib Tun
Razak had announced Tuesday the establish­
ment of the special committee to strengthen
public finances and ensure the nation's long­
term fiscal sustainability. ­ Bernama