
New tax in Budget 2019 will not burden rakyat - deputy finance minister
Most collected taxes will be returned and the balance used to repay national debt, says Amiruddin Hamzah.

Most collected taxes will be returned and the balance used to repay national debt, says Amiruddin Hamzah.

Harapan gov't is expected to announce broad spending cuts, may introduce new taxes to boost revenue.

COMMENT | We should not be caught in the middle-income trap and progress only slowly - if at all.

PARLIAMENT | 'This is subject to geopolitical factors, which no one can predict. If prices fall, we will be trapped.'

Deputy minister says investors will get a clearer picture of the country's economic direction after Nov 2.

LETTER | The people have to step up and play their part, not just expect gov't to fix the economic situation.

LETTER | Budget 2019 should be bolder and braver than the recent review.

He points out that the country's revenue would first have to go towards paying off the national debt.

QUESTION TIME | There won't be enough money because the GST was scrapped.

The finance minister adds the wellbeing of the people, especially the B40, is paramount.

Lower target due to moderation in global demand and over-reliance on private consumption, says thinktank.

UPDATED 12:07PM | PARLIAMENT | He tells Bera MP to wait, like other Malaysians, for the Budget to be tabled.

LETTER | This so that the rakyat can provide their input for their new friendly government.

Author of Pakatan Rakyat's alternative Budget 2011 explains need to tax capital gains.

LETTER | Malaysians should feel more confident that their higher taxes will be spent wisely.

UPDATED 1.23PM | The government plans to diversify tax revenue and review existing tax incentives, the finance minister adds.

It will also empower Technical, Vocational Education and Training at universities, says minister.

The gov't must its fiscal finances while improving the well-being of the rakyat, says finance minister.

INTERVIEW | If these are not made, he stresses, the country cannot be cured.