Priority should be given to strengthening the economy and restoring more favourable business conditions, given the weak domestic and external environments brought about by Covid-19, the Federation of Malaysian Manufacturers (FMM) said.

FMM president Soh Thian Lai said Malaysia’s debt was expected to increase further to hit 66 percent of gross domestic product (GDP) by end-2022, up from 61 percent in 2021 and 60.7 percent in 2020...