Malaysia says no plans to reintroduce GST

KUALA LUMPUR - Malaysia will not reintroduce a goods and services tax (GST) that was repealed last year, Finance Minister Lim Guan Eng said on Friday (Aug 11), presenting this government's second budget amid recent concerns about a revenue shortfall.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