With eye on deficit, Malaysia's Anwar tightens spending, taxes the rich

With eye on deficit, Malaysia's Anwar tightens spending, taxes the rich

Malaysia on Friday unveiled plans to scale back spending this year and tax the wealthy as Prime Minister Anwar Ibrahim focuses on narrowing the budget deficit while supporting a slowing economy.

With eye on deficit, Malaysia's Anwar tightens spending, taxes the rich

KUALA LUMPUR -- Malaysia on Friday unveiled plans to scale back spending this year and tax the wealthy as Prime Minister Anwar Ibrahim focuses on narrowing the budget deficit while supporting a slowing economy.

With an eye on deficit, Malaysia’s Anwar tightens spending, taxes the rich

KUALA LUMPUR  – Malaysia on Friday unveiled a scaled-back spending plan for the year despite a sharply slowing economy as Prime Minister Anwar Ibrahim focuses on narrowing the budget deficit. Three months into the job, Anwar is having to balance fiscal prudence with demands to address higher costs of living and a slowdown in Malaysia’s […] The post With an eye on deficit, Malaysia’s Anwar tightens spending, taxes the rich appeared first on Inqui…

With Eye On Deficit, Malaysia's Anwar Tightens Spending, Taxes The Rich

Malaysia on Friday unveiled plans to scale back spending this year and tax the wealthy as Prime Minister Anwar Ibrahim focuses on narrowing the budget deficit while supporting a slowing economy.

Malaysia toughens state spending, imparts taxes on rich

Malaysia on Friday announced plans to reduce spending by 2023 and impose taxes on the wealthy. The step was taken by the Prime Minister...

With an eye on deficit, Malaysia's Anwar tightens spending, taxes the rich

KUALA LUMPUR – Malaysia on Friday (Feb 24) unveiled plans to scale back spending for the year and tax the wealthy as prime minister Anwar Ibrahim focuses on narrowing the budget deficit while supporting a slowing economy. Three months into the job, Anwar is facing a sharp moderation in Malaysia's export-driven economy, lower revenue and growing calls to address higher...