Guan Eng finally admits the country is not going bankrupt after all

(MMO) – The abolition of the Goods and Services Tax (GST) by the new government did not cause the country to go bankrupt but has in fact been able to survive so far, said Finance Minister Lim Guan Eng.

“Although the new government has abolished the GST, so far Malaysia has not become a bankrupt. We can still hang on, it proves that we can survive without GST,” he said when winding up the debate on the 2018 Goods and Services Tax (Repeal) Bill in the Dewan Negara today.