Dewan Rakyat approves four Finance Ministry motions

The Dewan Rakyat today approved four motions tabled by the Finance Ministry on government funding and taxation.

The motions were on the transfer of Malaysian Government Investment Issues (MGII) to the Development Fund under the Government Funding Act 1983 (Act 275), Customs Duties Order, Excise Duties Order, and Sales Tax Order.

Deputy Finance Minister II Mohd Shahar Abdullah, when tabling the motion on the transfer of MGII, said the government transferred RM25.8 billion in...