IMF urges Malaysia to shift towards raising revenues

KUALA LUMPUR (March 8): The International Monetary Fund (IMF) has urged the Malaysian government to step up increasing revenues, rather than achieving its goals through continued cuts in public spending to raise living standards for its 32 million citizens. 

However, the IMF said in a report that Malaysia is well on its way to achieve the target of a high-income nation status. 

Language Undefined

IFTTT