SINGAPORE (Apr 2): Of the many promises made by Pakatan Harapan (PH) in its manifesto for the upcoming general election, the pledge to abolish the Goods and Services Tax (GST) has taken the most flak.

 Apart from critics from the Barisan Nasional, many economists feel that removing GST is a bad idea. They see it as an efficient system of taxation and a major source of revenue for the government.

PH had opposed the consumption tax from the outset and also proposed its abolishment in its shadow budget announced last October. Singling out the tax as the main reason for the rise in the prices of goods and services, the opposition coalition says it will revert to the sales and services tax (SST) if it comes into power.

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