US EditionSST expansion to have limited impact on GDP, inflation
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SST expansion to have limited impact on GDP, inflation
KUALA LUMPUR, June 20 — The Sales and Service Tax (SST) expansion is expected to have a limited direct impact on gross domestic product (GDP) and inflation, as it primarily targets discretionary items and selected service sectors, according to RHB Investment Bank Bhd (RHB IB). It said this targeted approach helps minimise any significant negative effects on overall consumer expenditure and keeps inflationary pressures in check. In a research not…
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