The Ministry of Finance (MoF) plans to table the Fiscal Responsibility Bill in the upcoming Parliament session starting July 18. Finance Minister Tengku Zafrul stated that the Bill aims to broaden the tax base, address the shadow economy, and enhance tax compliance to support Malaysia’s developmental and reform goals. Additionally, the MoF is advancing environmental, social, and governance (ESG) goals, aligning national budgets with UN Sustainable Development Goals, reinforcing Malaysia’s position as a sustainable financing hub.
Also available in 'The Borneo Post Sabah', 'The Borneo Post Sarawak'.MOF MULLS TABLING FISCAL RESPONSIBILITY BILL AT NEXT PARLIAMENT SESSION
The Ministry of Finance (MoF) plans to table the Fiscal Responsibility Bill in the upcoming Parliament session starting July 18. Finance Minister Tengku Zafrul stated that the Bill aims to broaden the tax base, address the shadow economy, and enhance tax compliance to support Malaysia’s developmental and reform goals. Additionally, the MoF is advancing environmental, social, and governance (ESG) goals, aligning national budgets with UN Sustainable Development Goals, reinforcing Malaysia’s position as a sustainable financing hub.
Also available in 'The Borneo Post Sabah', 'The Borneo Post Sarawak'.
