THE Federal Government's revenue collection in 2023 is projected to be lower at RM272.6bil or 15% of gross domestic product (GDP) due to lower, anticipated non-tax revenue collection.
In the Fiscal Outlook 2023, it said the non-tax revenue is expected at RM67bil, declining 23% from 2022 due to lower dividends from government entities.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
