Reintroduce GST in Budget 2023 as lifeline for country's debt dilemma – FMM

The Federation of Malaysian Manufacturers (FMM) has called on the government to reintroduce the Goods and Services Tax (GST) in the upcoming Budget 2023.

It said the tax would be a timely lifeline for the country’s debt dilemma and shore up adequate fiscal buffers to weather the next economic downturn and it should be at a rate that would not burden the rakyat but still help widen its revenue base.