# Why Malaysia’s upcoming budget matters | articles | ING THINK

> Prime Minister Najib Razak is expected to unveil a populist 2018 federal budget ahead of elections in August 2018. The budget is expected to keep the fiscal deficit on track, with the deficit forecast at 3% of GDP in 2017. ING expects the ringgit to be among the top-performing Asian currencies in 2018.

- Date: 2017-10-23 · published 2017-10-23T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/68735-why-malaysia-s-upcoming-budget-matters-articles-ing-think
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

A credible fiscal path supports the ringgit, which lowers the dollar cost of Malaysian imports such as feed ingredients. The impact on commodity prices is modest.

## Read by commodity

- USDMYR: bearish ▼

## Sources

- think.ing.com: https://think.ing.com/articles/why-malaysias-upcoming-budget-matters/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.