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The Government would not have raised the GST rate if it had been avoidable, said Second Minister for Finance Chee Hong Tat, in response to repeated calls from various opposition parties to lower the GST rate. The rising cost of living has been a key are'We studied all the options': Chee Hong Tat says govt couldn't avoid GST hike
The Government would not have raised the GST rate if it had been avoidable, said Second Minister for Finance Chee Hong Tat, in response to repeated calls from various opposition parties to lower the GST rate. The rising cost of living has been a key area of debate this general election, with some opposition parties criticising the People's Action Party (PAP) for raising the GST rate amid global inflation. In a Facebook video uploaded on Saturday (April 26), Chee defended the GST hike, saying that it was a «difficult choice» that was carefully considered. «We studied all the options, and without it, we would not be able to fulfil our promise to take care of our seniors in an ageing society,» said Chee. Read more