Finance Minister Lim Guan Eng speaks during a press conference at Parliament in Kuala Lumpur October 12, 2019. He said the mechanisms will be announced by related agencies such as the Employees’ Provident Fund in time. — Picture by Firdaus Latif
KUALA LUMPUR, Oct 12 — Details on how the government’s initiative to raise local employment prospects and boost national productivity will be announced in due course, Lim Guan Eng said today.initiative while tabling Budget 2020 yesterday.He said the mechanisms, aimed to increase the number of Malaysians in the local workforce and cut dependency on imported labour, will be announced by related agencies such as the Employees’ Provident Fund in time.The government has allocated RM6.
initiative to create more than 350,000 job opportunities for Malaysians in five years’ time; while reducing the number of jobs held by foreign workers by 130,000.
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Finance Ministry: Federal govt expected to register RM244.5b in revenue next year | Malay MailKUALA LUMPUR, Oct 11 — The Finance Ministry (MoF) has predicted the federal government’s revenue to register RM244.5 billion or 15.2 per cent of the Gross Domestic Product (GDP) in 2020. According to the MoF’s Fiscal Outlook and Federal Government Revenue Estimates 2020 report, the amount...
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