Euphoria over GST revenues lack of situational awareness.

The one data set that arrives regularly and promptly — and without the controversy that has shrouded official economic statistics in recent years — pertains to the revenues mobilised under the Goods and Services Tax (GST).

However, the euphoria with which GST revenues are presented by the government, and amplified in the media, reflects a serious lack of situational awareness or economic context. The latest GST data released on May 1, for the month of April 2023, reversal

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