Fitch Ratings

Malaysia’s 2027 budget maintains a gradual reduction in the fiscal deficit despite elevated subsidy and social-support spending, with a general election due by February 2028. The deficit target of 3.3 percent of GDP, from a slightly upward revised 3.6 percent in 2026, preserves the government’s medium-term consolidation path, Fitch Ratings said.

Fitch Ratings has on Monday revised its 2025 outlook for the Asia-Pacific (APAC) technology sector to ‘deteriorating’ from ‘neutral’.