Amir Hamzah Cautions on Fiscal Slippage While Minimizing Recent Ringgit Decline

Malaysian finance official Amir Hamzah addressed fiscal trends. He warned that the government could experience fiscal slippage. Hamzah noted that budget gaps may widen if corrective measures are not taken. At the same time, he downplayed the recent decline in the Malaysian ringgit. He argued that currency movements were temporary and not indicative of deeper issues. Hamzah suggested that monetary policy remains stable. The comments came amid ongoing economic monitoring. Analysts will watch fiscal data and currency performance closely.