23
May
2018
|
10:31
Europe/Amsterdam

Hard truths, tough choices ahead after Malaysia’s scrapping of the GST

Assoc Prof (Practice) Simon Poh from the Dept of Accounting at NUS Business School observed that Malaysia’s move to remove the goods and services tax might lead to growth in the long term but it cannot escape a widening fiscal deficit in the short term which has knock-on effects for its competitiveness.