KPMG: Budget likely to address cost of living | KPMG | MY

KPMG: Budget likely to address cost of living

KPMG: Budget likely to address cost of living

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KPMG: Budget likely to address cost of living

KPMG Tax Services executives director Regina Lau noted that we may see direct impactive measures in the Budget such as allocations for one-off special cash allowances for targeted groups such as BRIM recipients, farmers, fishermen, pensioners and civil servants, to put cash directly into their pockets. She also shared the sentiments that with the onset of the 14th General Election soon, the Budget 2018 will likely strive to be people friendly, and address the most pressing concern of the electorate majority, which is that of high and increasing living cost.

“With the Budget theme being ‘Shaping the Future’, we may also expect measures to gear the economy and businesses towards greater innovation and use of modern technology to increase productivity, and e-connectivity to extend businesses globally,” she said in a statement.

 

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