RAKYAT’S BUDGET: (Sept 10) Datuk Seri Abdullah Ahmad Badawi's first budget is aimed at improving the efficiency of the economy, and that includes having a better tax collection system through the introduction of a goods and services tax (GST) from 2007. The Prime Minister, who is also Finance Minister, announced relief to the poor and needy, gave a boost to agriculture, and liberalised the capital market with the entry of five foreign stockbroking and fund managers.
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