KUALA LUMPUR – The Malaysian government is confident that it will be able to cover its RM510 billion budget deficit without raising taxes. Finance Minister II Datuk Seri Amir Hamzah Azizan identified enhanced governance, decreased financial leakages, and more efficient public spending as critical steps to support the government’s budgetary ambitions. The budget strives to ensure financial stability while also promoting economic growth and national development. The expenditure plans may also boost infrastructure development, industrial investment, and corporate expansion, thereby opening up new prospects for environmental services, waste management, and resource recovery.
For more information, click here to read more.
(Source: Bernama; The Edge Malaysia)
