GST, National Debt and Budget 2027 Dominate Sixth Week of Parliament
KUALA LUMPUR, Nov 13 – The government’s decision not to reintroduce the Goods and Services Tax (GST), efforts to reduce the national fiscal deficit and new government borrowing were among the main issues discussed during the sixth week of Parliament. The Dewan Rakyat also continued its examination of Budget 2027. Four more ministries secured approval […]
Anwar Explains Government Borrowing, Says RM13 Billion Used to Repay 1MDB Bonds
KUALA LUMPUR, Nov 12 – Prime Minister Datuk Seri Anwar Ibrahim has explained that Malaysia’s government borrowings help fund national development and settle financial obligations inherited from previous administrations. He said the government uses borrowed funds to finance essential projects, including schools, hospitals, roads, and water and electricity infrastructure. Anwar, who is also Finance Minister, […]