Prime Minister Najib Abdul Razak said the government wants to extend as much assistance and benefits to the people in the 2017 Budget but at the same time manages Malaysia's financial position in a responsible and prudent manner.
He said the government needed to be creative in overcoming the constraints it faced to enable it to continue helping the people.
"There are so many things that we need to do but one have to realise that it has to be in the context of our affordability and also that we need to rein in or at least manage our debt and fiscal deficit in a prudent way," he told the Malaysian media in Bangkok today.
He was met after attending the Second Asia Cooperation Dialogue (ACD) Summit at the Foreign Ministry here, which was opened by Thai Prime Minister Gen Prayut Chan-o-cha.
The country, reminded Najib, was faced with a scenario of low commodity prices across the board while some of the recovery in the developed countries had not been strong enough.
- Bernama
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