Inflation will soar and public anger will boil, warns Rafizi
There is no doubt that inflation will soar now that Putrajaya wants to subject 60 basic food items to the goods and services tax (GST), warned PKR vice-president Rafizi Ramli.
He said this would result in economic repercussions and public backlash due to the added burden faced by the lower-income group, said Rafizi, who is also a trained accountant.
"Even though a portion of the food items comprise imported fruits and vegetables, there are also many other basic food items used by a majority of Malaysians," he said.
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