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  • Writer's pictureBait Al-Amanah

FMT : Additional SST revenue can boost social assistance, says researcher

Additional revenue derived from the slew of new taxes and increases in some existing ones will benefit the country, according to a researcher at a think tank.


Chong Yoong Wen of Bait al-Amanah said funds collected from such taxes and then channelled to public infrastructure projects can create a “sort of” ripple effect.


“For instance, building and improving roads can lead to increases in national productivity while also offering rural communities more economic opportunities,” he told FMT Business.


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Chong Yoong Wen of Bait al-Amanah said funds collected from such taxes and then channelled to public infrastructure projects can create a “sort of” ripple effect.“For instance, building and improving roads can lead to increases in national productivity while also offering rural communities more economic opportunities,” he told FMT Business.

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