PUTRAJAYA: The implementation of Goods and Services Tax (GST) has strengthened the economy and prevented the ringgit from further weakening, said the Prime Minister. At the Bank Negara board meeting Monday, Datuk Seri Najib Tun Razak said he was informed that without GST, the country's deficit "would be at 6% or 7%" instead of the existing 3.5%. Hailing Customs Department personnel as the country's economic heroes, the Prime Minister said he wants continuous successful implementation of GST to maintain economic stability. Najib said with the smooth collection of GST, the people's wellbeing can be looked after and the Government can continue to deliver its promises. As front-liners and professionals that have been involved in the implementation of GST, please communicate the good messages about the tax to people out there," he urged them.

Source: The Star March 13, 2017 14:03 UTC