Restore GST for fiscal stability


  • Letters
  • Friday, 24 May 2019

IT’S time for the Pakatan Harapan government to consider reinstating the goods and services tax (GST) as a means of strengthening market perception on the fiscal stability of the country, more so as it is now reviving stalled infrastructure and other projects and spending more on subsidy programmes to help the poor.

Most economists support the revival of government spending as it would facilitate the achievement of the growth and social objectives. However, this must be supported by a strong revenue base in order to be sustainable.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

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!
   

Next In Letters

Impact of docking cruise ships on local tourism
Malaysia’s data centre potential
Aim for a synergy of AI tech and human values
MPS urges development of national health financing system to address escalating healthcare costs
Protect the vulnerable while ensuring freedom of expression
Achieving gender parity in academic leadership
Warning on the perils of digital babysitting
Efficient management system needed to tackle medical bill arrears by non-citizens
Hazards of navigating motorcycle lanes
Issue with name format on passport

Others Also Read