Malaysia says it has no plans to reintroduce GST

The Malaysian government said it won't implement the GST to respect the mandate by the people in elections. PHOTO: LIANHE ZAOBAO

KUALA LUMPUR (REUTERS) - Malaysia will not reintroduce a goods and services tax (GST) that was repealed last year, Finance Minister Lim Guan Eng said on Friday (Oct 11), presenting this government's second Budget amid recent concerns about a revenue shortfall.

"To respect the mandate by the people in elections, the government does not want to implement GST again," he said in Parliament.

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