12MP review: Prudent fiscal handling, new taxes on the cards

By RAGANANTHINI VETHASALAM, MARTIN CARVALHO and GERARD GIMINO

Photo: Bernama

KUALA LUMPUR: Expansion of tax bases and government revenue streams, targeted subsidies and prudent fiscal management to better manage the country's finances are part of the agenda for the 12th Malaysia Plan (12MP) mid-term review.

While new taxes are on the cards, Prime Minister Datuk Seri Anwar Ibrahim gave assurance that those in need will be taken care of and aid given continuously.

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12th Malaysia Plan , Mid-Term Review , Anwar Ibrahim , Fiscal Management , Taxes , Management , Capital Gains Tax , GDP , Public Finance and Fiscal Responsibility Act , Procurement , Open Tender

   

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