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!
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