THE CHALLENGES OF RAISING REVENUES AND RESTRUCTURING SUBSIDIES IN MALAYSIA
Malaysia has run deficit budgets in all but five years since 1970 but past deficits have been managed thanks to substantial oil revenues and high domestic savings. However, the slow growth or decline of several traditional sources of revenue and the rising subsidy bill since 2007 have given pause fo...
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| Format: | Article |
| Language: | English |
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Universiti Sains Malaysia
2007-01-01
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| Series: | Kajian Malaysia |
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| Online Access: | http://web.usm.my/km/25(2)2007/01274082_25.2.2007_1-28.pdf |