Targeted subsidy needs government willpower


In the immediate term, the government may reconsider the cash hand-out mechanism and introduce a fuel subsidy of RM100 into the BPR account holders in the short run. This can simplify the implementation as BPR’s mechanism is already in place and operating well.

ON Dec 13, 2022, Prime Minister Datuk Seri Anwar Ibrahim instructed all government departments to formulate and develop suitable measures to implement targeted subsidies by taking into consideration the interest of consumers and the industries.

Despite the strong intention to implement targeted subsidy, the government(s) is (are) still struggling to prepare an ideal policy instrument then and now.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Malakoff redesignates Che Khalib as non-executive chairman
Ringgit stages strong rebound to end losing streak against US dollar
HeiTech Padu appoints Hasrul Azuan as CEO
Dnex ties up with France-based Conex to streamline EU trade compliance for M’sian exporter
Capital A submits regularisation plan to exit PN17 status
TM and Perodua tie up to drive Malaysia's automotive transformation under NIMP 2030
Powerwell wins RM27mil supply contract
FBM KLCI gains ground; ringgit rebounds
Oil gains as cooling US inflation points to possible easing
CIMB and Gentari ink MoU to drive green mobility and value chain decarbonisation

Others Also Read