The Malaysian government has no plans to reintroduce GST, according to the Reuters report

KUALA LUMPUR (Reuters) – The Malaysian government has no plans to reintroduce a goods and services tax (GST) as an alternative to scrapping the 95 lei petrol subsidy, state news agency Bernama reported on Thursday, citing a spokesman for the government.

“No, there were never any discussions,” Fahmi Fadzil was quoted as saying.

Bloomberg reported on Wednesday that Malaysia is weighing rolling back a general consumption tax instead of implementing subsidy cuts for 95 lei as the government tries to shore up its finances.