Diversifying efforts to increase revenue

27 Nov 2022 • 12:37 PM MYT
Daily Express
Daily Express

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Kota Kinabalu: Chief Minister Datuk Seri Hajiji Noor said despite facing economic instability and various challenges, the State Government is continuously intensifying and diversifying efforts to increase and generate more sustainable sources of revenue.

Among the efforts, he said, are improving revenue management comprehensively by strengthening every aspect of enforcement to recover revenue arrears and deal with any revenue leakages.

“For example, through the establishment of a Special Task Force on State Sales Tax on Petroleum Products and with the cooperation from the Ministry of Finance, Chief Minister’s Department, State Attorney General’s Department and SMJ Sdn Bhd as an advisor has successfully collected overdue taxes amounting to RM132 million,” he said when tabling the 2023 State Budget.

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