New Straits Times : A BROADER TAX BASE TO SPUR GROWTH
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- Last Updated: Tuesday, 22 October 2024 14:18
19.10.2024 : MALAYSIA has for the first time, introduced an annual budget that exceeds RM400 billion. The focus continues to be on safeguarding the people's wel-being and driving economic growth, which has been revised upwards to 4.8 to 5.3 per cent for 2024, from 4.0 to 5.0 per cent. Prime Minister Datuk Seri Anwar Ibrahim yesterday tabled a spending bill of RM421 billion, or 20.0 per cent of gross domestic product (GDP) for 2025.
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