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Cover -- CONTENTS -- CORPORATE SAVING IN MALAYSIA -- A. Introduction -- B. Stylized Facts Based on National Income Account Data -- C. Firm Level Analysis -- D. External Financing Dependence and Excess Net Saving by Firms -- E. Determinants of Net Saving by Firms -- F. Policy Implications -- G. Conclusions -- References -- FIGURES -- 1. Firm's Profit and Saving Trends -- 2. External Financing Dependence by Industry -- 3. External Financing Dependence by Age -- TABLES -- 1. Within-between Decomposition of Changes in Saving Rate -- 2. Regressions on Corporate Net Saving -- MEDIUM-TERM FISCAL FRAMEWORK IN MALAYSIA -- A. Introduction -- B. Overview of Malaysia's Fiscal Framework -- C. Remaining Challenges -- D. Reform Options -- E. Conclusions -- References -- FIGURES -- 1. Guiding Principles for Fiscal Rules -- 2. Risks of Breaching Debt Anchor -- TABLES -- 1. Debt and Administrative Guidelines -- 2. Macroeconomic Assumptions in MTFF -- 3. Illustrative Scenarios.