Govt needs to implement expenditure-saving measures, help subsidy costs
The government should implement cost-saving measures to help finance some of the additional expenses related to subsidies for the welfare of the people, according to the Ministry of Finance (MoF).
In the Malaysian Treasury Circular - Guidelines on Public Expenditure Savings, the MoF revealed that the increase in existing subsidies especially petroleum products and cooking oil, as well as new subsidies such as electricity and poultry, had contributed to the increase in government spending...
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