In other words, talk is cheap - GST or no GST

The Fitch rating agency has finally said what we, the commoners of Malaysia, has been saying all along :

Fitch was reported to keep the rating outlook at negative despite all the announcement, as reported in The Star newspaper

KUALA LUMPUR: Fitch Ratings hailed the proposed move to lower the Malaysian Government deficit and the introduction of the Goods and Services Tax (GST) as potentially constructive steps, but said it was keeping the sovereign credit rating on Negative Outlook, pending “a track record of budget management”.

Well, I guess i do not want to have to say I told you so, but i kinda did, here. Our government needs to address the management of expenses before start talking about taking our subsidies.

Good luck to us all.