21 Dec 2020
Malaysia faces revenue crunch as spending mounts on coronavirus woes
The Malaysian government expected revenue to rise 4.2 per cent in 2021 counting on higher tax collections – without raising taxes or introducing new ones – coupled with a move to slash its dependence on oil. The plan hinges on one key assumption: that tax income will rise as economic activity returns close to normal.
Sustainable Development Goal(s)SDG 3: Good Health and Well-beingSDG 8: Decent Work and Economic Growth
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