Govt committed to implement subsidies in targeted ways — Finance Ministry
KUALA LUMPUR, March 15 — The government is committed to implement targeted subsidies to reduce leakages, according to the Finance Ministry. The ministry said the...
Govt taking several control measures to ensure debt level well managed — Finance Ministry
KUALA LUMPUR, March 15 — The Federal government is taking several control measures to ensure its debt level is under control and well managed, according...
Luxury goods tax will not affect tourism sector — Deputy minister
KUALA LUMPUR, March 15 — The luxury goods tax which is being finetuned will not affect the country’s tourism sector, said Deputy Finance Minister Steven...
Govt conducting engagement sessions to review taxes
PETALING JAYA, March 15 — The government is engaging all stakeholders actively and extensively in reviewing several taxes, including the excise duty on premixed beverages...
Malaysia will not experience economic downturn despite global uncertainties — Finance Ministry
KUALA LUMPUR, March 15 — The Ministry of Finance (MoF) stressed that Malaysia will not experience economic turmoil this year although the country is faced...
Two Finance Ministry bills tabled for first reading in Dewan Rakyat
KUALA LUMPUR, March 14 — The Finance Bill 2023 and the Extraordinary Profits Levy (Confirmation) Bill 2023 were tabled for first reading in the Dewan...
Govt: Luxury tax in rakyat’s best interest
KUALA LUMPUR, March 13 — The luxury tax proposed under the re-tabled Budget 2023 is being scrutinised with the best interest of the rakyat being...
Applications for Rahmah Cash Aid now open
PUTRAJAYA, March 1 — Individuals eligible for the Rahmah Cash Aid (STR) can submit their application and update their information online from today until March...
Finance Ministry expects fiscal deficit MTFF 2023 – 2025 to consolidate at gradual pace
KUALA LUMPUR, Feb 24 — The fiscal deficit for the Medium-Term Fiscal Framework (MTFF) 2023 – 2025 is expected to consolidate at a gradual pace...
Inflation to remain manageable between 2.8 to 3.8 pct this year
KUALA LUMPUR, Feb 24 — The inflation rate is expected to remain manageable and is anticipated to range between 2.8 per cent and 3.8 per...
Finance Ministry projects RM291.5 bln in govt revenue in 2023
KUALA LUMPUR, Feb 24 — The Federal government’s revenue is projected to decline slightly by one per cent in 2023 to RM291.5 billion, following smaller...
Finance Ministry: 2023 borrowings to reach 12.2 pct of GDP, lower than initial projection
KUALA LUMPUR, Feb 24 — Borrowings for 2023 are expected to reach 12.2 per cent of gross domestic product (GDP), lower than the initial projection...