Reinstating GST will bolster government revenue, but more clarity needed - economists

KUALA LUMPUR: Bringing back the goods and services tax (GST) will bolster government revenue but more clarity is needed for market players to adjust their investment decisions accordingly, say economists.

Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said while it makes sense for the government to reconsider the GST as the tax regime would boost revenue collection, it is also important to make the system more transparent.