MALAYSIAN BUDGET SEEKS TO CONSOLIDATE REFORMS OF NEW PAKATAN HARAPAN GOVERNMENT

MALAYSIA’S Pakatan Harapan government has released its 2020 budget, its second since gaining power in 2018, and one that aims to consolidate reforms undertaken by an administration headed by veteran Prime Minister Dr Mahathir Mohamad. This was not a budget bringing major change, indeed finance minister YB Tuan Lim Guan Eng stressed when delivering his budget speech to the Malaysian parliament on October 11 how the government has been tying up earlier major reforms, such as scrapping the unpopular goods and services tax (GST). He noted that by September 30 ...


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