S&P lauds Malaysia's GST and subsidy measures


PETALING JAYA: Standard & Poor’s Ratings Services (S&P) said it was encouraged by the Government’s announcement of the goods and services tax (GST) and subsidy rationalisation.

S&P also projected an average rise in general government debt at 2.9% of gross domestic product (GDP) over the forecast period of 2014 to 2017.

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