THE federal government expects revenue to increase marginally by 0.8% to RM222.5bil in 2015, while its share to gross domestic product (GDP) is projected to sustain at 19.2% amid lower collection from oil-related revenue and non-tax revenue.
The Government continues to strengthen its fiscal management by broadening and diversifying the revenue base, particularly with the implementation of the GST.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!