Author: Graig Nunis

Journalist. Liverpool fan. Dreamer. Waiting for aliens to return. He can be reached at or on Twitter (@gnunis1892).
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Budget 2024 may see subsidies slashed, more indirect taxes, to rein in RM1 trillion national debt

Malaysia’s economic framework aims to improve people’s quality of life, but it may have to cut subsidies to reduce its RM1,079.59 billion debt. Financial experts say the government should focus on increasing revenue through indirect taxes on sales and services but needs to explain that decision to the rakyat in a clear and concise manner.