Apr 15, 2019
Although #Malaysia is a federal state, #political scientists have suggested that its #federalism is highly centralized. Our federalism gives the federal government not only the most legislative and executive powers but also the most important sources of revenue. State governments are excluded from the revenues of income tax, export, import and excise duties, and they are also largely restricted from borrowing internationally. They have to depend on revenue from forests, lands, mines, petroleum, the entertainment industry, and finally, transfer payments from the central government.#Sabah #OkBah https://www.instagram.com/p/BwRf7eFF5Te/?utm_source=ig_tumblr_share&igshid=ksuf3ke8dpyw
