‘Large subsidy will support consumption spending’


PETALING JAYA: Large subsidy allocation and various goodies for low income and vulnerable groups will help support overall consumption spending, says Dr Yeah Kim Leng.

In the face of rising prices and a global slowdown expected in 2023, the support would be much needed by the people, said the director of the economic studies programme at the Jeffrey Cheah Institute of Sunway University.

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subsidy , income , budget

   

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