Budget 2021 must stop the leakage to grow economy, says RTBA Malaysia | Malay Mail

Tuesday, 29 Sep 2020 04:02 PM MYT

In view of protecting businesses, jobs and livelihoods, RTBA Malaysia is putting forward a four-point proposal to the government to curtail the tobacco black market trade, which costs the nation RM5 billion annually in uncollected revenue and forms a significant portion of the RM300 billion shadow economy.

“This also includes establishing funding for a multi-agency and multinational task force to combat the tobacco black market trade, which is a problem that has spread to other neighbouring countries; and create an anti-black market fund to encourage whistle-blowers.

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