Difficult times require governments to cut back on their expenditure and raise income. How will this affect you?Budget 2016 is the first of five budgets to be tabled under the five-year 11th Malaysia Plan (11MP). One of the aspirations of that Plan is the completion of Malaysia’s transformation into a high income, advanced nation.In the time between Budget 2015 and Budget 2016, however, economic pressure on ordinary people has increased substantially, following the introduction of the GST on April 1,...
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received his PhD in Infection Biology from Hannover Medical School, Germany. He is currently a senior analyst in the economics section at Penang Institute.