National revenue to drop 20-30% due to Covid-19, says finance minister | The Malaysian Insight

  • 📰 msianinsight
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

National revenue to drop 20-30% due to Covid-19, says finance minister

Finance Minister Tengku Zafrul Tengku Abdul Aziz finds his winding up speech at the Dewan Rakyat peppered with interruptions today, as MPs clashed over ongoing budget-related arguments. – The Malaysian Insight file pic, August 6, 2020.

MALAYSIA’S revenue is expected to fall by around 20-30% as a result of the Covid-19 pandemic, said Finance Minister Tengku Zafrul Tengku Abdul Aziz. Speaking in the Dewan Rakyat, he also confirmed that government debt had breached the RM1 trillion mark. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines