News Formal

Finance Ministry to table Fiscal Responsibility Act by year-end, says minister

  • 📰 malaymail
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 86%

United States News News

United States United States Latest News,United States United States Headlines

KUALA LUMPUR, June 17 — The Ministry of Finance (MoF) plans to table the Fiscal Responsibility Act (FRA) in Parliament by the end of this year and will also include a medium-term...

KUALA LUMPUR, June 17 — The Ministry of Finance plans to table the Fiscal Responsibility Act in Parliament by the end of this year and will also include a medium-term revenue strategy and guiding principles on aspects such as a broader revenue base and statutory debt limits.

“All of this, and more, are also shared in the recently published Pre-Budget Statement, which sets out MoF priorities for Budget 2023,” he said in the 99th Laporan Kewangan Rakyat released today. He added that the Finance Ministry is guided by three main principles, namely responsiveness, accountability and reform to build the foundation for long-term reforms.

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:

 /  🏆 1. in US
 

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

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Finance minister says his focus on economic recovery efforts, not politicsPETALING JAYA, June 16 — Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz said he is focusing on economic recovery efforts not politics. “My focus on is on the economy,...
Source: malaymail - 🏆 1. / 86 Read more »