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What is GST Impact on Malaysian Economy about?

This document summarizes a conference paper that examines the impact of implementing goods and services tax (GST) in Malaysia using a computable general equilibrium (CGE) model. The paper analyzes the impact on sectoral output and various macroeconomic variables under scenarios of increasing GST rates from 6% in 2015 to 12% in 2030. The results indicate that domestic output decreases as GST rates increase. Government revenue increases positively while consumption, imports, and GDP decrease negatively. Some

Author

Vincent Koh

Language

EN