Emerging Asia Economics

Emerging Asia Economics

Emerging Asia Economics Update

16 May, 2018

Malaysia: GST leaves a large gap to fill

The decision today by the new Malaysian government to effectively abolish the Goods and Service Tax (GST) from the start of next month should provide a fiscal boost to the economy, but it will leave the government with a big hole in its coffers to fill. With higher-than-anticipated oil revenues only set to make up some of the shortfall, the budget deficit is set to rise to around 4% of GDP this year.

Access this publication and more, take our free trial subscription today.

Free Trial

Already a subscriber? Simply log in to view this article.

Save to Library

New Book

Making a Success of Brexit
and Reforming the EU

by Roger Bootle

"Outstanding - engaging - absorbing"
Daily Telegraph

Buy now on Amazon

Get the App

The Capital Economics apps are a great way for clients to keep up to date with our latest research.

Capital Economics AppsFind out more