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Malaysia's GST, fuel subsidy cuts likely to be delayed until after election
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Malaysia's economy has floundered for the past two years, first due to Covid-19 lockdowns, and then supply chain disruptions.
PHOTO: REUTERS
KUALA LUMPUR - Malaysia will likely delay reviving the goods and services tax (GST) and cutting fuel subsidies until after the general election that is widely expected by year end.
Even though the fiscal policy shifts are increasingly necessary to weather the economic climate, analysts say they might worsen Malaysia's soaring inflation and prices of goods.
