Are Malaysians still complaining about rising prices under SST?

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Malaysians Continue to Express Dissatisfaction Over Prices Despite SST Implementation

Despite the implementation of the Sales and Services Tax (SST), Malaysians are still complaining about rising prices. The government has acknowledged this public sentiment and has established a special committee to address the issue.
Public Dissatisfaction Persists Under SST

Deputy Finance Minister Datuk Amiruddin Hamzah has acknowledged that the introduction of SST has not led to a reduction in the prices of goods. He noted that public complaints persist even though the price increases observed have not been substantial. This indicates that the intended effect of lower consumer prices has not materialized as anticipated by the populace.
Government Awareness of Revenue Discrepancy

The government was aware that the SST was projected to generate RM21 billion annually, a figure significantly lower than the revenue previously collected under the Goods and Services Tax (GST). The deputy minister pointed out that the projected annual revenue loss of RM23 million from the shift to SST did not correlate with a decrease in the cost of goods for consumers. In comparison, the GST had the potential to collect RM44 billion.
Formation of a Special Committee to Address Price Concerns

The persistent public concern over rising prices has prompted the government to form a special committee. This committee includes members from the Ministry of Finance and the Ministry of Domestic Trade and Consumer Affairs. Its formation signifies a dedicated effort to investigate and manage the ongoing issue of price increases that is affecting the public.

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Are Malaysians still complaining about rising prices under SST?

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