The end game for GEG


From New Zealand’s move to terminate the GEG legislation to Malaysia’s action this week in dumping the GEG clause in its latest bill, there are indeed lessons to be learned. — Reuters

IN a surprising move, the newly elected three-party coalition that won the New Zealand general elections last month, binned the highly controversial Generation Endgame (GEG) law to ensure its tax revenue is not jeopardised.

Despite being a strong proponent of anti-smoking, New Zealand’s latest move brings to question the need for GEG when the country’s coffers are insufficient to fund budgetary spending.

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