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Balanced budget may only be achieved in 2023, says Johari

Mimi Sabreena 4:03:00 PM Informasi

KUALA LUMPUR( Jan 4): The government may need to extend the deadline for its zero fiscal deficit target, or in other words a balanced budget to 2023, from 2020.

According to Second Finance Minister Datuk Johari Abdul Ghani, the original deadline of a balanced budget was set by the government at a time when oil prices were high.

"At the time when the government prepared for a balanced budget by 2020 it was when oil prices were at US$90 to US$100 per barrel

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