'Proposed fiscal responsibility act will send strong signal for public finances'

The proposed Fiscal Responsibility Act (FRA) will send a strong signal to the market and put in place a good governance framework for public finances, said Economy Minister Rafizi Ramli.

There is a need to regulate how the country would spend money through legislation, which is why the proposed FRA is expected to be tabled in the Parliament soon, he added.

"The plan and idea...