GST abolition helped contain inflation, says Lim


PUTRAJAYA: Amid calls for the Goods and Services Tax (GST) to be reinstated, the Finance Minister maintains that eliminating it helped contain inflation.

Lim Guan Eng said abolishing GST last year had a positive impact, with Malaysia having one of the lowest inflation rates in the world at 1.5% last month.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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

Next In Nation

Drowned boy's mother, aunt detained
Royal pardon not political gift, says Pahang Sultan
Missing six-year-old in Daro found drowned
Four men arrested for drug trafficking in Melaka Tengah
Alor Setar cops on hunt for suspect in woman's stabbing death
Cops probing alleged sexual harassment by e-hailing driver�
Anwar finishes family trip to Johor, heads back to KL on ETS3
Three held with 10 tonnes of suspected smuggled rice in Tumpat
Morning blaze destroys 40 houses in Tawau's Kg Titingan
Call for heirs of Sultan Zainal Abidin III to come forward to settle land inheritance

Others Also Read