Govt committed to reducing national deficit, says PM

Govt committed to reducing national deficit, says PM

PUTRAJAYA: Prime Minister Datuk Seri Anwar Ibrahim said the government is committed to consistently reducing the country's fiscal deficit to ensure a more sustainable economy and to maintain investor confidence. Read full story

GST not suitable until rakyat’s income improves

PUTRAJAYA, June 20 — The Goods and Services Tax (GST) is an efficient and transparent taxation system, but it is not yet suitable for re-implementation because the rakyat’s income threshold is still low, said Prime Minister Datuk Seri Anwar Ibrahim. Anwar, who is also the finance minister, said the government did not completely reject the proposal to re-implement the GST, but the ability of low-income people must be taken into account first due …