Federal govt revenue at RM244.5b for 2020, lower than RM263.3b for 2019

11 Oct 2019 / 16:12 H.

• Federal government revenue is expected to be RM244.5 billion or 15.2% of GDP for 2020.

• Collection of tax revenue higher at RM189.9 billion.

• Non-tax revenue at RM54.6 billion.

• Total expenditure forecast at RM297 billion or 18.4% GDP.

• Higher growth of 13.1% to RM263.3 billion anticipated for 2019 due to one-off Petronas dividend.

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