GST should not be abolished in the first place, but a refund of GST for basic needs for all. It helps identify tax evasion and capture black market money when the money spend
.
Refunds for GST tax on basic needs, cash and voucher replacement for withdrawal of fuel subsidies, and inflation of essential items could be part of the basic income for all residents.
1MDB is an overconfident investment strategy besides the mishandling part of it. The debt incurred should not be reversed now but increased, for the coming two years to restart the economy after covid!
Compared to China, the US, and Japan, our debt level is still low, but controlled at a manageable level.
https://apmalaysiaelection.blogspot.com/2024/01/basic-income-for-malaysia.html
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