Listing of Petronas among options to increase revenue


For the historical record.
Dateline 2018-06-26, The Star:

THE government’s liabilities are out in the open. Finance Minister Lim Guan Eng revealed details to substantiate his point of national liabilities and debt have breached not only the RM1 trillion-mark but also reached 80.3% of gross domestic product.

The numbers are disputed by the former Finance Minister and Prime Minister Datuk Seri Najib Tun Razak.

Apart from a higher national debt, the new government faces a loss of revenue from the abolition of the goods and services tax (GST). The GST is to be zerorised from June 1 and will see a shortfall in revenue that will be only plugged once the sales and services tax (SST) is introduced later this year.

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This entry was posted on Sunday, July 1st, 2018 at 11:09 am and is filed under engineering. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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