Is This A Good Time To Reintroduce GST?
Carmelo Ferlito, CEO, Center for Market Education (CME)
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A few days ago, Prime Minister Datuk Seri Ismail Sabri Yaakob said that the government is keen to bring back the goods and services tax or GST. The GST was introduced in 2015 at a rate of 6% but was replaced by the sales and services tax or SST by the Pakatan Harapan government. So is this the right time to reintroduce GST, and how can it be implemented? Carmelo Ferlito, CEO of Center for Market Education tells us more.
Image credit: Shutterstock.com
Produced by: Moh Heng Ying
Presented by: Shazana Mokhtar, Khoo Hsu Chuang, Tan Chen Li
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Categories: economy, government, politics