PKR claims Fitch upgrade achieved at expense of Malaysians


PETALING JAYA: A PKR lawmaker says Malaysia escaped Fitch’s downgrade due to the people having contributed some RM15bil through the Goods and Services Tax (GST).

Kelana Jaya MP, Wong Chen (pic) said based on Fitch’s assessment, two of the main reasons for the A- rating were the roll out of GST and the ending of the fuel subsidies.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

PKR , Fitch , ratings , upgrade , GST , fuel

   

Next In Nation

Giant monument for Bukit Cina soon to mark 50th anniversary of Malaysia-China ties
Khaled to make official visit to Turkiye in June
King thanks outgoing Singapore PM Lee for being Malaysia's close friend
KKB polls: Welfare of minorities, women and children among five points in Perikatan manifesto
Govt to allocate RM9.5mil to boost local cocoa production, says plantation minister
Man nabbed for murder in Johor after fight in front of restaurant
Fu Ning, world's largest traditional Chinese wooden ship to return to Melaka for 50th anniversary celebration of Malaysia-China ties
Kids influenced by porn due to easy access, says Bukit Aman CID chief
Customs seize liquor worth RM1.2mil
1MDB trial: No agreement with govt to drop US$1.18bil suit, Shahrol tells court

Others Also Read