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Global storms rain on fiscal reforms

Global storms rain on fiscal reforms

The Star16 hours ago
THE RON95 petrol subsidy rationalisation is approaching, and higher oil prices could make implementation more challenging. This is especially true given other policy uncertainties, such as fluctuating tariffs in global trade.
The move coincides with the government's efforts to reduce spending and increase revenue. This includes expanding the sales and service tax starting July 1, and proposing higher electricity tariffs for Peninsular Malaysia.
Billed as RM9.73 for the 1st month then RM13.90 thereafters.
RM12.33/month
RM8.63/month
Billed as RM103.60 for the 1st year then RM148 thereafters.
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