Op­po­si­tion ly­ing about rea­son for in­tro­duc­ing GST, says Na­jib

New Straits Times - - News -

KUALA LUMPUR: Prime Min­is­ter Datuk Seri Na­jib Razak has re­futed the op­po­si­tion’s claim that the Goods and Ser­vices Tax (GST) was in­tro­duced due to 1Malaysia De­vel­op­ment Bhd’s (1MDB) fi­nances.

“This base­less al­le­ga­tion is an­other at­tempt by the op­po­si­tion to gain sup­port even though they un­der­stand the real rea­son be­hind the in­tro­duc­tion of the GST,” Na­jib said on his blog na­ji­brazak.com yes­ter­day.

Na­jib, who is also fi­nance min­is­ter, added that the op­po­si­tion had, on nu­mer­ous oc­ca­sions, said they would re­tain the GST.

“To say that the GST stemmed from the gov­ern­ment’s ad­min­is­tra­tion fail­ure is a lie be­cause 160 coun­tries are also im­ple­ment­ing GST, in­clud­ing ad­vanced na­tions like Bri­tain, France, Ger­many and Canada.”

Na­jib also crit­i­cised Pakatan Hara­pan chair­man Tun Dr Ma­hathir Mo­hamad for his role in spread­ing the lie.

“Be­cause of Dr Ma­hathir’s ob­ses­sion with top­pling the gov­ern­ment, he forces other op­po­si­tion lead­ers to lie to the pub­lic by promis­ing to scrap GST even though they know that with­out an in­come source to re­place the coun­try’s oil rev­enue, the econ­omy will col­lapse and the peo­ple will suf­fer.

“But, Dr Ma­hathir doesn’t care as long as he can top­ple the gov­ern­ment,” he said, adding that the peo­ple should re­ject the op­po­si­tion’s claim.

Na­jib made it clear that although it was un­pop­u­lar, the GST had helped the gov­ern­ment to gen­er­ate rev­enue to mit­i­gate the fall in the coun­try’s oil rev­enue.

“All this while, the na­tional in­come was sup­ported by oil rev­enue to en­sure that peo­ple got ba­sic and pub­lic ser­vices,” he said.

“How­ever, in 2014, the oil price plum­meted and Malaysia was also af­fected.

“The sit­u­a­tion caused na­tional rev­enue to de­crease by more than RM40 bil­lion, which is a sum that would have def­i­nitely caused many (of the) ser­vices to cease.

“Un­til to­day, the peo­ple’s qual­ity of life has been safe­guarded due to GST,” he said, adding that Saudi Ara­bia, the world’s largest oil pro­ducer, had also im­ple­mented GST.

Malaysia im­ple­mented GST on April 1, 2015. Crude oil prices av­er­aged US$100 (RM427.90) per bar­rel, be­fore fall­ing to about US$50 a bar­rel.

Newspapers in English

Newspapers from Malaysia

© PressReader. All rights reserved.