Budget 2020 should focus on tax cuts, aid for the poor | The Malaysian Insight

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Budget 2020 should focus on tax cuts, aid for the poor

The Malaysian economy could do with a boost from consumer spending to offset any slowdown resulting from a global trade war, say economists. – AFP pic, August 5, 2019.

CUTS in income and consumption taxes should be part of the government’s Budget 2020 if it wants to spur the local economy and halt a slowdown, economists said.for 2020 mooted by Finance Minister Lim Guan Eng recently, they said. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

 

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