Easy to bring back GST


I READ in your report, “Economy is main priority” (March 12), that there is a possibility of the Goods and Services Tax (GST) being reintroduced as the new government gets down to work on policies to address the current economic slowdown in the country and the worries that people feel about the future.

With the sharp drop in oil prices and disruptive impact of the Covid-19 pandemic on work and travel across the world, we can expect difficult times ahead because, being an open economy, Malaysia will be affected by the fall in demand in our export markets. The policy response should be to increase government spending in a counter cyclical move to generate a higher level of economic activity especially through investing on projects that will add to the future productive capacity of the country while creating immediate jobs and incomes for our workers and generating business opportunities for suppliers, contractors, SMEs, consulting firms and etc. along the value chain. This will save them from bankruptcy.

The Star Festive Promo: Get 35% OFF Digital Access

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 Letters

Direct hiring without safeguards will not end exploitation
Strong enforcement vital to curb smuggling of waste
Rethinking cash aid and a path to resilience
Combating corruption with data-driven auditing
Measures to promote trilingual education � �
Make retrenchment planning part of financial management�
Bukit Tagar shelved: Immediate state exco intervention needed for Tanjung Sepat pig farmers
Hidden cost of convenience�
Students should be allowed to take elective subjects
Expanding access to care for cancer patients

Others Also Read