BFM Podcast

GST: The Second Coming

Tan KW
Publish date: Thu, 02 Jun 2022, 09:48 PM
GST: The Second Coming

02-Jun-22 18:00

Firdaos Rosli, Chief Economist, MARC | Dr Bridget Welsh, Honorary Research Associate, University of Nottingham Asia Research Institute-Malaysia

Prime Minister Datuk Seri Ismail Sabri Yaakob has revealed plans to reimplement the Goods And Services Tax (GST), despite awareness of its unpopularity. He said that this proposal is being made in an attempt to expand the government's revenue base and carry the weight of public subsidies, considering the nation's current economic state. First, we talk about its possible reintroduction, its impact, and the timing of it all. Then, we discuss how public perception of it has been shaped by our political landscape.

Image Source: Dmitry Demidovich, Shutterstock

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