No Need To Bring Back Gst For Now Shahar


 


The government has not reached a stage where it would need to reintroduce the Goods and Services Tax (GST), said Deputy Finance Minister I Mohd Shahar Abdullah.
He attributed this to the national economy's strong recovery momentum, with 6.9 percent growth in the first half of this year, which was supported by increased domestic and foreign demand, as well as labour market recovery.
"In this regard, the government is confident that the national economy will achieve a growth projection of between 5.3 percent and 6.3 percent this year," he said.
Shahar (above) was answering a question from the floor on whether the government would reintroduce the GST during his ministry’s engagement session with the Associated Chinese Chambers of Commerce and Industry of Sarawak today.
The engagement session was held as one of the efforts by the Finance Ministry to obtain feedback from the business community to be considered in the preparation of Budget 2023.
Shahar said in order to ensure the momentum of national economic growth, the government's focus in the upcoming budget is on reform initiatives to improve people's wellbeing, especially through increasing income and social protection, business competitiveness and related value chain.
Inflation under control
This included measures to strengthen the country’s resilience against future shocks.
He said the national inflation level for the first six months of 2022 recorded a rate of 2.5 percent, much lower than the inflation rate in other countries, and remained under control due to the implementation of price control measures and the granting of subsidies by the government.
Following the move to continue and improve subsidies, he said expenditure on aid and subsidies was estimated to increase to RM77.7 billion compared to Budget 2022’s allocation of RM31 billion.
"Without the subsidies provided for basic goods, it is estimated that inflation would reach 11.4 percent," Shahar noted.
- Bernama


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2022/09/no-need-to-bring-back-gst-for-now-shahar.html

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Ex Bar Presidents Back Incumbent For Defending Judiciary S Independence

Ex Bar Presidents Back Incumbent For Defending Judiciary S Independence

papar berkaitan - pada 31/8/2022 - jumlah : 241 hits
Eight former Malaysian Bar presidents have expressed their full support for the current president Karen Cheah for her defence of the independence of the judiciary which is perceived to be under attack right now This comes after former prime...
Pekan Umno Aims For 100 000 To Back Najib Pardon

Pekan Umno Aims For 100 000 To Back Najib Pardon

papar berkaitan - pada 5/9/2022 - jumlah : 231 hits
Pekan Umno division deputy chief Zamri Ramly says the petition has been distributed among Pekan residents PETALING JAYA Pekan Umno hopes that 100 000 people in the district will back a petition to seek a royal pardon for former prime minist...
No Autonomy For State Level Pas To Choose Ge15 Partners Tuan Ibrahim

No Autonomy For State Level Pas To Choose Ge15 Partners Tuan Ibrahim

papar berkaitan - pada 30/8/2022 - jumlah : 504 hits
PAS has not granted autonomy to its state chapters to decide on partners for the upcoming 15th general election said party deputy president Tuan Ibrahim Tuan Man In an interview with the FengRenGuan YouTube channel Tuan Ibrahim said the par...
Awesome Month Long Celebration For Legoland Malaysia Resort S 10th Anniversary Begins Now

Awesome Month Long Celebration For Legoland Malaysia Resort S 10th Anniversary Begins Now

papar berkaitan - pada 2/9/2022 - jumlah : 305 hits
Awesome Month Long Celebration for LEGOLAND Malaysia Resort s 10th Anniversary Begins Now LEGOLAND Malaysia Resort today kicks off its 10 years anniversary celebration with jam packed The post appeared first on
Samsung Malaysia Electronics Introduces T7 Shield Portable Ssd Now Available For Purchase

Samsung Malaysia Electronics Introduces T7 Shield Portable Ssd Now Available For Purchase

papar berkaitan - pada 1/9/2022 - jumlah : 172 hits
The Rugged T7 Shield Portable SSD Offers Durability and Fast Sustained Performance for Creative Professionals and Consumers On the Go Samsung Malaysia Electronics today introduced its latest external storage device the T7 Shield Portable So...
Need For Public Inquiry On Plagiarism In Universities

Need For Public Inquiry On Plagiarism In Universities

papar berkaitan - pada 30/8/2022 - jumlah : 137 hits
From P RamasamyThe issue of plagiarism rears its ugly head now and then It means copying or lifting or stealing the written works of others and using them as your own without proper referencing ADVERTISEMENT Ads by There are many variations...
Need A Website Fast Let Us Do It For You

Need A Website Fast Let Us Do It For You

papar berkaitan - pada 31/8/2022 - jumlah : 174 hits
We get it Life s to do list seems bottomless and maybe building your own website isn t anywhere near the top of it And yet your business needs it Yesterday if possible Your audience your customers are waiting If you re in need of a professi...
Pardon For Najib Not Legally Possible Now Says Tommy Thomas

Pardon For Najib Not Legally Possible Now Says Tommy Thomas

papar berkaitan - pada 8/9/2022 - jumlah : 235 hits
EXCLUSIVE The fourth and final part of an exclusive interview with former attorney general Tommy Thomas who initiated legal charges against former prime minister Najib Abdul Razak and others delves into the complex area of pardons Malaysiak...
Ssh Now Available For Business And Ecommerce Sites

Ssh Now Available For Business And Ecommerce Sites

papar berkaitan - pada 8/9/2022 - jumlah : 238 hits
Are you a WordPress com power user For ultimate security you can now enable and access your Business or eCommerce powered WordPress com site from the command line Use to install and activate a series of plugins manage users or handle search...
Saka Bapak Kau

Natural Gas Fuel Not A Hazard

Beli Rumah Lebih Jimat Dengan Kempen Hartanah Bumiputera Matrix

How Car Centric Planning Is Killing Malaysians

Masjid Lapangan Terbang Sultan Abdul Aziz Shah

Top Picks Best Trucks For Towing In 2025

15 Playful Midcentury Kids Room Ideas For A Retro Vibe

Creating A Winning Pitch Deck


echo '';
Info Dan Sinopsis Drama Berepisod Dhia Kasyrani Slot Akasia TV3

Biodata Terkini Reshmonu Peserta Gegar Vaganza 2024 Musim 11 GV11 Penyanyi Lagu Hey Waley

Gegar Vaganza 2024 GV 11 Hadiah Tiket Peserta Juri Format Pemarkahan Dan Segala Info Tonton Live Di Astro Ria Dan Sooka

6 Janji Donald Trump Kalau Dia Naik Jadi Presiden Semula

Biodata Terkini Zehra Zambri Peserta Gegar Vaganza 2024 Musim 11 GV11 Penyanyi Lagu Semalakama


Apabila Musuh Mengerumuni Umat Islam Seperti Hidangan

Pesakit Diabetes Mengalami Masalah Mati Pucuk

Transformasi Bank Btpn Kini Berubah Nama Menjadi Smbc Indonesia

Pengalaman Mencicipi Hidangan Kuliner Khas Georgia Yang Menggugah Selera

Tattoos Portland Maine

Tattoos Raised And Itchy