Hi! Welcome Back and Stay Tune! MOODY’S GIVES PAKATAN’S FIRST BUDGET THE THUMBS-UP: GREATER TRANSPARENCY, TAX REVENUE, SPENDING CUTS & FOCUS ON INCLUSIVE GROWTH PUTS MALAYSIA ON THE RIGHT TRACK - Mukah Pages : Media Marketing Make Easy With 24/7 Auto-Post System. Find Out How It Was Done!

Header Ads

MOODY’S GIVES PAKATAN’S FIRST BUDGET THE THUMBS-UP: GREATER TRANSPARENCY, TAX REVENUE, SPENDING CUTS & FOCUS ON INCLUSIVE GROWTH PUTS MALAYSIA ON THE RIGHT TRACK

NEW tax revenue and spending cuts announced in Budget 2019 may place the country back on the path of fiscal consolidation over the medium term, said rating agency Moody’s.
Its vice-president, senior analyst, Sovereign Risk Group, Anushka Shah said improved transparency and a focus on inclusive growth would be credit positive if sustained over time.
In a statement today, she also said that the first budget from Malaysia’s new government marked a departure from the previous trend of steady fiscal deficit reduction.
“However, in the near term, wider deficits and a heightened reliance on volatile oil-related revenue, including through Petronas dividends, will weaken the fiscal profile,” Anushka said.
– Bernama


✍ Sumber Pautan : ☕ Malaysians Must Know the TRUTH

Kredit kepada pemilik laman asal dan sekira berminat untuk meneruskan bacaan sila klik link atau copy paste ke web server : https://ift.tt/2RurixF

(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!


No comments

Comments are welcome and encouraged on this site. Comments deemed to be spam or solely promotional will be deleted. Including link to relevant content is permitted, but comments should be relevant to the post topic.

Comments including profanity and containing language that could deemed offensive will also deleted. Please respectful toward other contributors. Thank you.