KUALA LUMPUR, March 17 — Putrajaya must defer its April 1 plan to implement the Goods and Services Tax (GST) as Malaysians are not yet able to handle the added strain on their finances, senior Barisan Nasional MP Tengku Razaleigh Hamzah said today. The Gua Musang MP claimed that Putrajaya has not been forthcoming with the real reason for pushing implementation of the tax regime, despite the fact that Malaysians rank as having among the highest levels of household debt in the region.
“The rakyat have the right to know whether GST that will be implemented this coming April will benefit the country or is merely to pay interest to lenders and bondholders,” he said when debating the Royal Address in Parliament. “The purpose of GST implementation should not be made a secret. If this additional burden is placed on the rakyat without due reason we are being unfair,” he added.