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Temporary cut in GST possible if M'sian economy continues to weaken

AllianceDBS Research views it as a measure of last resort while others think it is unlikely
Tuesday, October 11, 2016 - 05:50
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Retailers are worried as consumer spending has not picked up substantially even though it has been over a year since GST was introduced.

Kuala Lumpur

PUTRAJAYA is not expected to increase the goods & services tax (GST) but to maintain the rate at 6 per cent in the coming budget. Still, if the economy continues to deteriorate next year, urgent fiscal stimulus will be required and as options are limited, AllianceDBS

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