The government has increased the tax refund allocation from RM2 billion to RM4 billion to expedite outstanding payments to taxpayers, said Prime Minister Anwar Ibrahim.

Anwar, who is also the finance minister, said this was necessary as the government should not owe money to the public, and as such, the Inland Revenue Board (IRB) will commence the phased processing of refunds to eligible taxpayers starting tomorrow.

He added that the Finance Ministry is reviewing whether...