PUTRAJAYA has no plans to revive the Goods and Services Tax (GST), Prime Minister Anwar Ibrahim said.

In a written parliamentary reply, Anwar said the government will continue to monitor the current economic conditions and consider fiscal measures suitable for short- and medium-term goals. 

“The government has yet to revive the GST. Any changes to tax policy will have to take into account the impact on the economy and the cost of living of the people,” he said in his written reply.

Anwar, who is also the finance minister, was responding to Dr Zulkafperi Hanafi (Tanjung Karang-PN) who asked if the government plans to reintroduce GST in the country in the short- and medium-term.

The opposition, including several individuals, have urged the government to reintroduce the controversial taxation.

On September 11, Economy Minister Rafizi Ramli said reviving the GST still remains an option.

However, when announcing Budget 2024 on October 13, Anwar instead said the government planned to raise the Sales and Service Tax (SST).

The SST was raised from 6% to 8% but would not include services such as food and beverage, and telecommunications. – November 2, 2023.