GST:Govt ready to deal with increase in prices of goods and inflation rate


  • Business Premium
  • Thursday, 31 Oct 2013

KUALA LUMPUR: The government is ready to deal with any possibility of an increase in prices of goods and the inflation rate following the introduction of the goods and services tax (GST), says Deputy Minister of International Trade and Industry, Datuk Hamim Samuri. 

"According to economic experts and other opinions, there will be a slight increase in the prices of goods during the transition stage, due to speculation and other factors," he added.

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