Government revenue from 2023 to 2025 forecast to hit RM905bil


New direction: Rafizi receiving a warm welcome at the 12th Malaysia Plan Half-Term Review ‘Kick-Off’ Conference organised by the Economic Planning Unit in Putrajaya.

KUALA LUMPUR: The federal government’s revenue is seen at RM904.83bil for the remainder of the 12th Malaysia Plan (12MP) from 2023 to 2025, resulting in a deficit of RM257.93bil, according to the Economy Ministry.

During the 2021 to 2025 period, revenue has been revised upwards to RM1.43 trillion as compared with RM1.22 trillion estimated earlier, the ministry said in its mid-term review of the 12MP report released yesterday.

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