March 13, 2010

GST Backpedal

After so much public discourse of the negative effects of the GST on the poor, the government has backtracked once more.


We do not know the reason why the GST Bill would not be tabled in the current Parliamentary seating but I guess every one is heaving a sigh of relief. There is just too much inflation in the market.

We do not need any more pressure on the prices of basic goods as much as the government wants to assure us that basic goods will be outside the purview of the imposition of GST.

Again, the finger points to the impending Sarawak State Elections and a possible 13th General election close on its heel.

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