Najib Razak

Datuk Seri Najib Tun Razak said on Thursday the Goods and Services tax (GST) system that will be implemented from April next year is able to secure the country’s future with more robust yields.

The prime minister said even though certain quarters proposed to hold protests in Kuala Lumpur against the GST, the reality was that [...]

The following is the 2014 Budget Speech tabled by Prime Minister and Minister of Finance Datuk Seri Najib Tun Razak at the Dewan Rakyat Friday.

The text of the speech will be updated as it progresses.

“STRENGTHENING ECONOMIC RESILIENCE, ACCELERATING TRANSFORMATION AND FULFILLING PROMISES”

Mr. Speaker Sir,

I beg to move the Bill intituled “An Act to apply a [...]

Money might not get splashed around as much as before with Budget 2014 expected to adhere to fiscal discipline even as it addresses the welfare of the people.

The budget that Prime Minister and Finance Minister Datuk Seri Najib Tun Razak will table in the Dewan Rakyat today is expected to cut down on subsidies.

This, according [...]

Recently , the government has taken several steps to rationalize the existing subsidy to help us weather the global economic uncertainties, including rationalizing the fuel subsidy .

In September last year , I announced steps to cut fuel subsidies by 20 per cent , and this directly caused the prices of oil.

I believe we need to [...]