PETALING JAYA: Former prime minister Najib Razak has taken a dig at Finance Minister Lim Guan Eng for rising prices of goods.
In a statement, Najib commented on Lim’s admission that there had been an increase in prices after the sales and services tax (SST) was implemented even though his special officer, Tony Pua, had said that prices would come down post-SST.
“Lim now says that SST isn’t the main reason for price hikes and that there were other factors like import of goods, the softer ringgit, festivities, smuggling, droughts in producing countries and excessive profiteering.”
In the past, Najib said Lim had blamed price hikes on the now abolished goods and services tax (GST).
“He even sang a song about the GST to children.
“I wonder, will we have a song about the SST after this?”
In March, Lim received flak for singing and dancing to a song which poked fun at the GST, after officiating the Penang government’s free tuition class programme at a void deck of Mutiara Idaman 2 flats in Jelutong, Penang.
The then Penang chief minister was also investigated under Section 233 of the Communications and Multimedia Act 1998 for it.
The 6% GST, introduced in 2015 by Najib’s administration, was abolished after Pakatan Harapan swept to power in the May 9 polls.
The new government reintroduced the SST from Sept 1, at 5% and 10% rate, with over 5,000 goods and services exempted from the tax.
Lim had said the SST will cover only 38% of the Consumer Price Index (CPI) basket of goods compared with the previous 60% for GST.