Finance Minister Lim Guan Eng said the government was studying the mechanism which should be completed by March.
Recently, Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution was quoted as saying the government would gather the necessary data to determine the number of people in the M40 group eligible for the targeted Petrol Subsidy Programme as announced in the 2020 Budget on Friday. He said the Finance Ministry would take into account the proposal to expand the Sales and Service Tax if it did not burden the people.
“If 2018 and 2019 were the years we focused on cleaning up the government, 2020 is the year we go out and make the push to join the ranks of the developed economies.He said the old scandals put Malaysia in the global spotlight for the wrong reasons, and eroded much of the trust in the government’s ability to safeguard the interest of investors, businesses and the people in accordance with the rule of law.
“Malaysia is among the best improved countries in the WGI, especially in the areas of accountability, government effectiveness, rule of law and anti-corruption,” he said.
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