Our Prime Minister, as Chairman of the National Finance Council, announced two important measures that are most important for assisting states to have a bigger share of national resources, which in my view, will give real meaning to the concept of shared prosperity. One, all water debts to the Federal government will be written off. In future, state water projects will be financed, not with Federal loans, but with Federal grants. This will certainly relieve states of the heavy burden of repaying Federal loans. Water loans account for a major proportion of state debts to the Federal government. Two, the revenue from the tourism tax will be shared 50:50 with the state governments. This w
In Pursuit of a Peaceful, Tolerant, Moderate, Multi-Racial Malaysia,
Through Compassion, Mercy, Justice, Democracy
G25 is a group of influential Malays, and as a civil society organisation, we are able to play a constructive role as the voice of moderation on religion. G25 comprises a group of individuals, rich with experience in various fields with diverse views but a common goal and common vision.