Think tank BMI Research has revised its forecast on Malaysia’s fiscal deficit, predicting that the deficit will be wider than previously anticipated.

In a statement today, it said it is revising its 2018 forecast from 2.8 percent of GDP to 4.0 percent of GDP. It is also revising its average deficit forecast for the period from 2018 to 2027 from 2.8 percent of GDP to 3.1 percent of GDP...