Khairy unveils BN's shadow budget, proposes to bring back GST at 3%


  • Nation
  • Thursday, 01 Nov 2018

KUALA LUMPUR: Barisan Nasional has unveiled its first "shadow budget", with a proposal to re-introduce the Goods and Services Tax (GST) at 3% being the key element.

Rembau MP Khairy Jamaluddin, who holds the shadow Finance Ministry portfolio, said the alternative budget titled People's Economic Initiative, seeks to reintroduce the GST, among others because the Sales and Service Tax (SST) had failed to bring down prices of basic goods and items.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Appointment of new Perlis MB tests Perikatan's ability to restore public confidence, say analysts
Over 100 flood victims displaced in Segamat
New Perlis MB pledges to maintain unity among state Perikatan assemblymen
Perlis Ruler calls for end to speculation, allegations following appointment of new MB
Taiping woman loses over RM300,000 to phone scam
1MDB verdict must translate into lasting institutional reforms, says Gobind
PAS leaders get cryptic about loyalty after Bersatu man’s appointment as Perlis MB
Sabah rep seeks answers over ongoing stateless children begging in Kota Kinabalu
Najib's donation not the same money seized by MACC in 2019, says SUPP
Perlis PAS Youth chief claims he was invited to sign SD against ex-Perlis MB

Others Also Read