Thursday 28 Mar 2024
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KUALA LUMPUR (Oct 2): The upcoming Budget 2015 should be geared towards helping the lower income group, says the Razak School of Government (RSOG) chief executive officer Dr Hamidin Abdul Hamid.
 
Speaking to reporters after a press conference today, Hamidin said he hoped catering to the bottom 40% of the population would be the government's focus for Budget 2015.
 
"Most of the policies must look at this majority of the people and how their lives can be eased," he said.
 
"At the same time, [there should be measures] to not only sustain but enhance the competitiveness of the country, and also to strengthen the economic infrastructure of the country," he added.
 
Meanwhile, the Malaysian Director's Academy (Minda) chief executive officer Datuk Abdul Aziz Abu Bakar said he hoped for a better working relationship between the private and public sector and more financial and tax incentives for both sectors.
 
"I think the public cannot grow alone without the private sector, we are symbiotic and we have to help each other," he said.
 
On whether corporate taxes could further be reduced, Abdul Aziz said he thought it was possible that the government would look into it.
 
"I think it may [be reduced], because the country needs a boost. It's kind of stale at the moment, and corporate taxes are a way to ensure that companies will push their growth," he said.
 
Both RSOG and Minda are jointly organising the International Directors Summit 2014, which will be held from 27-28 October at the Intercontinental Hotel in Kuala Lumpur.
 
The summit aims to provide a platform where a community of more than 300 local and regional directors and leaders can convene to address emerging issues, exchange ideas, share knowledge and impart experience.
 
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