Malaysia needs to formulate medium to long-term revenue strategy -- World Bank | TheStarTV.com

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Malaysia needs to formulate medium to long-term revenue strategy -- World Bank

Published on 2 Oct 2023 6:09:53 PM

It is high time for Malaysia to have a proper medium to long-term revenue strategy to restore its fiscal buffers, said World Bank lead economist Apurva Sanghi.

He said Malaysia’s revenue as a share of the gross domestic product (GDP) has been declining, with tax revenue being well below 12 per cent of GDP.

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Keywords
malaysia, economy, revenue, world bank, apurva sangh, tax, gst, gdp

It is high time for Malaysia to have a proper medium to long-term revenue strategy to restore its fiscal buffers, said World Bank lead economist Apurva Sanghi.

He said Malaysia’s revenue as a share of the gross domestic product (GDP) has been declining, with tax revenue being well below 12 per cent of GDP.

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
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Keywords:
malaysia, economy, revenue, world bank, apurva sangh, tax, gst, gdp

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