All eyes on Budget 2022
In another few hours, the long awaited Budget 2022 will be announced by the Finance Minister Datuk Seri Tengku Zafrul Aziz.
MoF: Not the right time to reintroduce GST as govt focused on economic revival
KUALA LUMPUR (Sept 3): Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said it may not be the right time to reintroduce a consumption tax like the previous goods and services tax (GST) as this could have an impact on the momentum needed to revive Malaysia’s economy amid the Covid-19 pandemic.
In rare move, MOF invites DAP lawmakers to National Recovery Plan meeting
KUALA LUMPUR (July 17): In a rare move, Malaysia's Ministry of Finance (MOF) has invited opposition lawmakers from the Democratic Action Party (DAP) to the ministry's office in Putrajaya to discuss the country's Covid-19-driven National Recovery Plan (NRP) with Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz on Thursday (July 15), during which the DAP representatives presented a RM45 billion recovery and stimulus plan for the MOF's consideration.
Domestic demand to grow by 6.9% in 2021, to recover from 3% decline in 2020
KUALA LUMPUR (Nov 6): Domestic demand in Malaysia is expected to post a recovery in 2021 expanding by 6.
Malaysia's 2021 unemployment rate seen improving to 3.5%
KUALA LUMPUR (Nov 6): Malaysia's unemployment rate is projected to decrease to 3.
RM4.763b GST refund still outstanding, says MoF
KUALA LUMPUR (Aug 3): The government still has an outstanding RM4.
Zafrul: RM6.4b in estimated losses for banks during moratorium period
KUALA LUMPUR (July 27): Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said the banking sector is estimated to see losses of RM6.
Govt focuses on tackling economic slowdown
KUALA LUMPUR (July 3): The government is focusing on tackling the economic slowdown before formulating the 2021 Budget.
MoF: RM16.5b represents only construction cost of Sarawak Pan Borneo Highway
KUALA LUMPUR (Feb 12): The Ministry of Finance (MoF) has rebutted claims that the total cost of the Sarawak portion of the Pan Borneo Highway project was RM16.
MoF extends deadline to take over Gamuda's highways for the third time
KUALA LUMPUR (Dec 20): The deadline to complete negotiations on the acquisition of four highway concessions by Minister of Finance (Incorporated) [MoF Inc] for a total enterprise value of RM6.
