Published
The allocation for Budget 2020 is RM297 billion, RM17.6 billion less than the last budget.
While this may appear like a contractionary budget, the government is actually not spending any less on normal operations and development expenditure.
The reduction is instead due to the absence of Goods and Services Tax (GST) and income tax refund, which amounted to RM37 billion in the last budget.
While this may appear like a contractionary budget, the government is actually not spending any less on normal operations and development expenditure.
The reduction is instead due to the absence of Goods and Services Tax (GST) and income tax refund, which amounted to RM37 billion in the last budget.
- Category
- TV Saluran - TV Channel
Sign in or sign up to post comments.
Be the first to comment
Up Next
Autoplay
-
00:37
Budget 2020: Tax exemption for religious organisations
-
00:31
Economic growth in Q1 of 2020 to be affected by Covid-19 coronavirus
-
04:25
Growth-centric 2020 Budget | KiniFlash - 11 Oct
-
03:44
Budget 2020: Where does the money come from for RM297bil expenditure?
-
06:31
Zahid, Najib not impressed with PH’s Budget 2020
-
07:09
Budget 2020: Education gets the lion's share
-
09:40
Budget 2020: Jeers for saying Vision 2020 cannot be achieved due to corruption
-
05:15
Budget 2020: Fund for affordable homes
-
01:34
Budget 2016: 4-5% growth in 2016, says Najib
-
01:02
Budget 2019: I didn't say austerity, says Guan Eng
-
06:50
Pakatan MPs weigh in on Budget 2020
-
09:09
Economists: Growth forecast for 2020 'quite optimistic'
-
05:12
StarBiz TV : Budget 2015 - Growth outlook with GST implementation.
-
02:35
Shadow budget targets 5.2pct growth, 3.2pct deficit
-
01:25
Dr M: Right subsidies for the right people under Budget 2020
-
01:03
Dr M: Kelantan, Terengganu not neglected in Budget 2020
-
04:45
Wee: Nothing innovative about Budget 2020
-
03:18
Budget 2020 in 3mins
-
00:29
Budget 2020: RM20mil for development of eSports
-
02:15
Azmin's first budget promises more for growth
-
00:34
Dr M on Budget 2020: Everyone got something out of it, everyone’s happy
-
07:51
ACCCIM weighs in on Budget 2020
Loading...