The Malaysian Government will focus on three main issues this year to achieve high-income nation status by 2026, including fiscal strengthening by focusing on increasing revenue and spending rationalisation.
Malaysia will restructure its economy based on three main strategies to eradicate poverty, restructure and restore the economy, as well as generate the economy anchored on the concept of Malaysia Madani, said Prime Minister Anwar Ibrahim.
The Malaysian Government has been urged to tighten COVID-19 control measures to prevent a possible large-scale spread of the disease when the country welcomes tourists from China.
The Malaysian government’s direct debt stands at 1.07 trillion RM (242.7 billion USD) and the country is unlikely to ever record a surplus fiscal budget in the future, Deputy Finance Minister Datuk Seri Ahmad Maslan said when addressing the upper house on December 21.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will come into force for Malaysia on November 29 this year, Senior Minister of International Trade and Industry Mohamed Azmin Ali has said.
Malaysia has officially ratified the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP) following years of careful deliberation and consultation by the government, becoming the 9th nation to have approved the deal.
Malaysia's government will present its budget for 2023 to parliament on October 7, earlier than originally scheduled, law minister Wan Junaidi Tuanku Jaafar has said.
The Malaysian government will stop building coal power plants starting in 2040, and shift its focus toward clean and renewable energy, according to Minister in the Prime Minister’s department in charge of economy Mustapa Mohamed.
The Malaysian government will target a goods and services tax (GST) rate that does not burden the people but is not so low that it “defeats the purpose of expanding tax revenue”, Prime Minister Ismail Sabri Yaakob has said.
The Malaysian government will leverage on the escalating prices of crude palm oil (CPO) to increase the country’s market share of palm oil in the global market, Minister of Plantation Industries and Commodities Datuk Zuraida Kamaruddin said.
The Malaysian government has decided to expand the booster COVID-19 vaccine dose programme to individuals who were inoculated with Sinovac vaccine and had received full two shots at least three months ago.
The Ministry of Finance of Malaysia submitted the Bill of Interim Financial Measures, which proposed to raise the public debt ceiling from the current 60 to 65 percent of GDP, to the National Assembly on September 28.
Malaysia's National COVID-19 Immunisation Programme for Adolescents officially kicked off on September 20, targeting 3.2 million teenagers aged 12 to 18, according to Malaysia’s Health Minister Khairy Jamaluddin.
The Malaysian government signed a memorandum of understanding (MOU) with opposition Pakatan Harapan (PH) to strengthen political stability amid the COVID-19 pandemic through bipartisan cooperation.
The Malaysian government has tightened standard operating procedures (SOP) for those travelling into the country in order to reduce the risk of importing COVID-19 variants.
The Malaysian government will decide whether to revise its growth target of between 6 percent and 7.5 percent this year based on the gross domestic product (GDP) performance for the second quarter, as the economy is seeing signs of recovery, said an official.
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