Taxation policy for growth and recovery

TheStar Wed, Feb 15, 2023 12:00am - 1 year View Original


Huge impact: Customers checking out merchandise at a batik factory in Penang. The SDG Indicators, Malaysia, 2021, show that meaningful work goes hand-in-hand with growth, which will result in prosperity.

“ECONOMIC recovery” is the buzz phrase in this volatile global environment, which has changed dramatically since 2022 following the Covid-19 pandemic and exacerbated by geopolitical tensions that have caused supply chain issues as well as other lingering effects on the economy.

The prices of food and fuel have escalated, and many countries are facing financial crises.

These circumstances have created dampening effects on the world’s economy.

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