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The Malaysian alternative federal budget for 2016 fiscal year was launched by Pakatan Harapan on 21 October 2015, two days before the Malaysian Budget Day. ==Areas of direction== Some of the key items in the alternative budget were: * Implementing the capital gains tax since this is also being implemented in 127 countries, including all European countries which are part of the OECD. * Implementing the inheritance tax since many OECD members already implemented. * Restructuring of 1Malaysia Development Berhad (1MDB) by putting the firm into administration and prosecuting wrongdoers. * Separation of Prime Minister and Finance Minister portfolios to avoid excessive concentration of power held by one individual. * Support extension of Zeti Akhtar Aziz's term as Bank Negara Malaysia governor by two more years. * For a short term, keeping Goods and Services Tax (GST) system by zero-rating all items to mitigate inflation. * To set up a petroleum endowment fund for East Malaysians. * The Kuala Lumpur-Singapore high speed rail (HSR) project funds will instead be reallocated to building a rail network in Sabah and Sarawak. * Offset the loss of GST income by making MYR30 billion in savings by stamping out "wastage and corruption", and also by shutting down several state-linked corporations. * Reducing PETRONAS dividend to MYR20 billion. * Revamping cash handouts such as Bantuan Rakyat 1Malaysia (BR1M) to be conditional on employment and school attandance; the low-income parents must work and send their children to schools. * Focusing more on agriculture because the country’s agricultural policies were “backward, if compared with other countries”; it is necessary to give the subsidies directly to the farmers and also provide a subsidy for the price of rice. * Parliamentary oversight of sovereign wealth funds for greater accountability, accountability and full independence of regulators which include the Malaysian Anti-Corruption Commission (MACC), Attorney-General of Malaysia, Bank Negara Malaysia and Parliament of Malaysia. * Focus in bridging the economic activities' gap in Peninsular Malaysia and those in Sabah and Sarawak. 抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「2016 Pakatan Harapan alternative federal budget」の詳細全文を読む スポンサード リンク
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