PREVIEW: TAXATION ASPECT
A defisit budget is expected.
Goodies may be given to certain interest groups but we do not over expect since this is the post-election budget.
We expect that there might be some additional or limit increase in tax relief. However, a reduce in tax rate, be it individual or corporate, is unlikely.
This budget will see major expenditures spent on the administrative matters such as public servants' payrolls.
We do expect there will be some significant fund allocated to boost the economic development in "Corridors" expecially for projects executable in the short future.