Tengku Dato Sri Zafrul Aziz, Minister of Finance sticks to BNM's GDP forecast despite the rise in Covid-19 cases; aims to keep within the debt-to-GDP ratio of 60% in order to avoid doubling the fiscal deficit to 11%; does not rule out widening the Sales & Service Tax base next year; and denies any related party relationship with the Prime Minister nor interest in politics.



Image Credit : Ministry of Finance

Tengku Dato Sri Zafrul Aziz, Minister of Finance sticks to BNM's GDP forecast despite the rise in Covid-19 cases; aims to keep within the debt-to-GDP ratio of 60% in order to avoid doubling the fiscal deficit to 11%; does not rule out widening the Sales &amp; Service Tax base next year; and denies any related party relationship with the Prime Minister nor interest in politics.

Image Credit : Ministry of Finance

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