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Sunday, October 20, 2019

Tag: fiscal

EU finance ministers back push for simpler fiscal rules

Member states are in favour of simplifying the rules to increase transparency and predictability.

Najib: What Guan Eng didn’t tell you

Former PM says Lim Guan Eng left out some facts when he announced the government has reduced the fiscal deficit.

Sabah’s 40% share: Previous govt didn’t consider inflation, says Leiking

International Trade and Industry Minister Darell Leiking says sum of RM27.6 million a year to Sabah was from agreements made in the 1970s.

Govt should have focused on operational spending cuts, says think tank

IDEAS is also disappointed that Putrajaya did not propose more radical reforms such as reducing its hold on assets and equities.

Expect new tax measures in Budget 2019, says Guan Eng

Finance minister says government is undertaking reforms to strengthen fiscal position and that proposed new tax measures in Budget 2019 will be part of this move.

Indonesia issues new tax rules as Freeport seeks fiscal guarantee

Indonesia is seeking to gain more control over its mineral wealth, but the Arizona-based company has said it wants some guarantee on fiscal terms before signing off on the complex sale.

Japan government adviser calls for more fiscal stimulus

Takahashi said the risk to Japan’s economy this time is smaller, noting that the hike is only 2 percentage points and certain items will be excluded.

Putrajaya’s fiscal policies pivotal to credit quality, says Moody’s

The ratings agency says it will also examine any new policies holistically to gauge their impact on the credit profile.

Tough for Malaysia to manage without GST revenue, says report

Opinion piece in Singapore's Straits Times says it is a bad idea to drop GST and the new government does not have an alternative revenue measure to match it.

Beware populist policies and rash pronouncements

Malaysia’s equities and ringgit value will plunge if our credit ratings deteriorate due to the absence of viable concrete replacement plans for populist policies.

Romania to maintain fiscal stimulus policy until 2020

Romania’s government will maintain its policy of cutting taxes and raising the minimum wage and state pensions until 2020 in a bid to improve living standards.

China envoy: Malaysia unaffected by capital controls

Capital outflow restrictions will have no impact on Chinese investments here, says Huang Huikang.