‘The shadow economy is shrinking due to TIN and e-invoice’


KUALA LUMPUR: Malaysia’s shadow economy currently accounts for 21% of the gross domestic product (GDP) or an estimated RM330bil, says Datuk Seri Ahmad Maslan.

The Deputy Finance Minister I said the current rate was lower than it was from 2000 to 2009 when it accounted for 30.2% of the country’s GDP.

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