Oct 25, 2013

Malaysia imposes consumption tax on its citizens

Malaysian Prime Minister Najib Razak announced on Friday
his government would levy an unpopular consumption tax starting in 2015 as it seeks to ease growing concern over the country's soaring debt.
Following years of massive populist spending, Najib also announced key subsidies would be slashed as he unveiled his 2014 budget...http://w.frne2.com/

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