‘Implementing GST now could worsen inflation’


KUALA LUMPUR: If the goods and services tax (GST) is implemented now, it could lead to drastic increases in the prices of goods and worsen inflation, said former second finance minister Datuk Seri Johari Abdul Ghani.

This, he said, was because the present economic situation is uncertain. “At times of economic uncertainty, if the GST is introduced, it will lead to a price spike.

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