Keynote Speech: Sustainability of Fiscal Policy in Malaysia

Ucaptama: Kemampanan Dasar Fiskal di Malaysia

Authors

  • Aznan Hasan Institute of Islamic Banking & Finance (IIiBF), International Islamic University Malaysia

DOI:

https://doi.org/10.47548/ijistra.2022.52

Keywords:

Fiscal policy, sustainability, Malaysia, COVID-19

Abstract

This keynote speech was delivered at the International Conference on Interdisciplinary and Strategic Studies (ICRIS) on August 12, 2021. It shed light on the sustainability of fiscal policy especially during the COVID-19 pandemic and call for re-structuring fiscal reform to achieve more sustainable fiscal policy. The proposed reform covers enhancing the efficiency of revenue generation, increasing the efficiency and productivity of government spending, improving the enforcement against the black market as well as utilising Islamic financial instruments namely zakat and waqf to finance fiscal policy.

 

 

Ucaptama ini disampaikan di Persidangan Antarabangsa dalam Kajian Rentas Disiplin dan Strategik (ICRIS) pada 12 Ogos 2021. Ia menerangkan tentang kemampanan dasar fiskal terutamanya dalam menghadapi pandemik COVID-19 dan menekankan keperluan menstrukturkan semula pembaharuan fiskal bagi mencapai dasar fiskal yang lebih mampan. Pembaharuan tersebut termasuk meningkatkan kecekapan penjanaan pendapatan, meningkatkan kecekapan dan produktiviti perbelanjaan kerajaan, menambah baik penguatkuasaan terhadap pasaran gelap serta memanfaatkan instrumen kewangan Islam iaitu zakat dan wakaf untuk membiayai dasar fiskal.

 

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References

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Published

2022-05-31

How to Cite

Hasan, A. (2022). Keynote Speech: Sustainability of Fiscal Policy in Malaysia: Ucaptama: Kemampanan Dasar Fiskal di Malaysia. International Journal of Interdisciplinary and Strategic Studies, 3(4), 196-205. https://doi.org/10.47548/ijistra.2022.52