KUALA LUMPUR: Pakatan Rakyat's pledge to revamp the National Automotive Policy (NAP), including slashing the excise duty and reducing the triple-tax burden, is economically unsustainable, said Umno Youth chief Khairy Jamaluddin.
“The idea of having cheaper cars in Malaysia is good, but it will cost the country billions of ringgit in revenue,” he said after a buka puasa event with the media at the Barisan Nasional Youth volunteer headquarters here yesterday.
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