PETALING JAYA: Prominent social activists have backed veteran politician Tan Sri Leo Moggie’s recent criticism of Peninsular Malaysian politicians who.
PETALING JAYA: The coalition agreement to be signed by all parties under the unity government must be properly formalised, transparent and be made public, say experts.
THE government will likely reduce spending in the upcoming federal budget as concerns over a new wave of Covid-19 cases are expected to put further pressure on revenues already hurt by low crude oil prices.Putrajaya had rolled out stimulus packages worth RM305 billion since the start of the pandemic and had raised its debt-to-GDP ceiling to 60% for the first time in over a decade last August.Last year’s budget set aside RM297 billion for both operating and development expenditures, a drop of 5.6% compared to Budget 2019, due to expectations of a revenue shortfall by about 7%.