
KUALA LUMPUR (Nikkei Markets) -- Malaysia's new government aims to curb wasteful public spending as it seeks to reset the economy to adjust to some populist pre-poll pledges, which if implemented, won't strain the fiscal health, adviser Zeti Akhtar Aziz said Tuesday.
"We are working not only on the revenue side but also on the expenditure side, so that we will be reprioritizing projects in an effort to increase efficiency by reducing the wastage of the public sector," Zeti told reporters. "All these will improve the fiscal position."