Minus the RM30 billion special dividend from Petronas, the government this year made RM233.3 billion from taxes, licences and investment income. – The Malaysian Insight file pic, October 11, 2019.
PUTRAJAYA is estimated to rake in more than RM244.5 billion in revenue next year, lower than the total earned in 2019, said the Finance Ministry today. It said the higher revenue this year was due to the RM30 billion special dividend the government received from Petronas. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Finance Ministry: Federal govt expected to register RM244.5b in revenue next year | Malay MailKUALA LUMPUR, Oct 11 — The Finance Ministry (MoF) has predicted the federal government’s revenue to register RM244.5 billion or 15.2 per cent of the Gross Domestic Product (GDP) in 2020. According to the MoF’s Fiscal Outlook and Federal Government Revenue Estimates 2020 report, the amount...
Source: malaymail - 🏆 1. / 86 Read more »
Finance Ministry: Federal govt expected to register RM244.5b in revenue next year | Malay MailKUALA LUMPUR, Oct 11 — The Finance Ministry (MoF) has predicted the federal government’s revenue to register RM244.5 billion or 15.2 per cent of the Gross Domestic Product (GDP) in 2020. According to the MoF’s Fiscal Outlook and Federal Government Revenue Estimates 2020 report, the amount...
Source: malaymail - 🏆 1. / 86 Read more »
Budget 2020: Annual RM1 billion incentives each for global and domestic firms | The Malaysian InsightFinance Minister Lim Guan Eng says this is to attract foreign companies to set up shop and for local companies to expand abroad.
Source: msianinsight - 🏆 8. / 63 Read more »