According to communications minister Fahmi Fadzil, the government has no plans to reintroduce the goods and services tax (GST) as an alternative to removing subsidies for RON 95 petrol.
As reported by Bernama and NST, Fahmi was responding to a recent article published by Bloomberg that claimed the return of GST in lieu of the RON 95 subsidy cut. “No, there were never discussions,” he said.
The article, which cited sources familiar with the matter but preferred not to be identified, claimed that there is an emerging view in the government that bringing back the GST may be “politically easier” than removing subsidies for the widely-used RON 95 petrol as it aims to bolster its finances.
At present, the fuel subsidy rationalisation programme that came into effect in July this year has resulted in diesel prices in Peninsular Malaysia being floated. There’s still no word on when the programme will be expanded to include RON 95 petrol or how financial assistance will be provided to those who qualify.
The Program Bantuan Subsidi Madani, or Budi Madani in short, is currently available for private owners of diesel vehicles and agriculture smallholders in Peninsular Malaysia, with those that meet the requirements being provided with RM200 per month in assistance.
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Why though? General populace was supportive of GST, until you had to increase everything else just not to implement GST.
Yes coz this useless klepto gomen will punish and enslave us with BOTH ron95 subsidy removal AND gst later when they cannot rob us enough.
Maybe cutting down non-beneficial military assets usage and perhimpunan solidariti would help.
Should bring back GST with 20% tax
It’s okay, these clowns know that they’re a one-term government. Doesn’t matter what they do or say, there’s not gonna be much contribution from this useless govt to the well-being of the rakyat. Next GE they’ll know what we want, with or without discussions.
let’s see
civil servants got pay rise.
stock market rising, epf dividend up
ringgit so strong
all thanks to AI
next GE
civil servants receive pay rise
stock market up, epf dividend up
ringgit so strong
I’m sure everyone knows who to vote for
Bring back GST, set at 4%. RON95 set ceiling price RM2.20 per liter (2018 price). No more subsidy rationalization drama. Win-win situation
The actual people who discuss it actually the walauns.
We are discussing to give our votes back to PN as alternative to this useless madanon gomen