How Close Is Malaysia to a Fiscal Crisis?

Malaysia's statutory debt is sitting at 64% of GDP, dangerously close to the legal limit of 65%. The fiscal deficit target of 3.5% looks increasingly hard to meet. How does Malaysia get its fiscal house in order, and what happens if it doesn't?We discuss:What is the impact of missing the country’s fiscal deficit target by a significant margin? Is it possible to reduce the national debt to 60% of GDP by 2030? Could Malaysia find itself in a position similar to Indonesia, facing a sovereign credit rating downgrade?Image credit: PixabaySee omnystudio.com/listener for privacy information.