PAS Economy, Real Estate and Entrepreneur Development committee deputy chairman Mazli Noor said this meant that the economical structure would remain trapped in the old framework, where basic structure depended on capital input.
He said that although it is public knowledge that the reintroduction of the Sales and Service Tax caused a decline in government revenue, the budget did not propose a more comprehensive and fair tax structure to increase government revenue, in contrast to earlier forecasts by analysts and rating firms that said Malaysia needed to re-evaluate the country's tax structure to resolve the current fiscal gap.
"Keep in mind that this 3.2% target is higher than the government's initial target of Budget 2019, which is 3%," he said. "This would have a negative effect on the Malaysian economy as inflationary pressures would increase if wage increases were not followed by productivity," he said, noting the Malaysian Productivity Report 2018/19 which stated that the country's productivity growth reduced significantly to 2.2% in 2018 compared to 3.7% in 2017.
LOL. Some people opened their mouths and removed all doubts. Why?
I salute all the commentators! You're awesome!
Stop the bickering!
Eh bengap, that’s what the Shared Prosperity Vision 2030, released only 2 weeks ago was about. Annual budgets are about fiscal measures operated within larger strategic visions.
Hahahahaha hahahahaha what they know about transformation?
“...strategic initiatives to transform economy” Coming from PAS? WOW‼️ That’s precisely what’s wrong all this while in Kelantan eh?
PAS makes me laugh. It can't even take care of Kelantan and pleads for more money from the PH government but talks utter rubbish
Look at Kelantan...hmmm
Ya ya ya look at Kelantan.
According to the team running the poorest state(s) in the country.
Hahaha. From PAS? Kelantan has an amazing economy. Amazingly useless n backward. They can only transform back in time.
Says the team who is managing Kelantan absolutely wonderfully. I applaud the thickskinness of it all.
“Berpuas hati dgn penjelasan Arul Kanda mengenai 1MDB” shouldn’t be talking about strategy or economy PASPusat
PASPusat tau ke strategic intiative tu apa
How did PAS transform economy in Kelantan...why every year asking $$$$$$ from Putrajaya...this is the way to transform state economy
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