Measures to MITIGATE (HL)

Publication: NST

Date of publication: Oct 23, 2013

Section heading: Main Section

Page number: 001

KUALA LUMPUR Economists, non-governmental organisations and consumer groups believe the government will increase the Real Property Gains tax (RPGT) to curb speculation, and implement measures to mitigate the rising cost of goods and services.

They also expect the government to introduce more reforms before the end of the year to reduce the fiscal deficit and announce a timeline for the implementation of the Goods and services tax (GST) in 2015.