Govt gradually phasing out blanket subsidies - Rafizi
The government is gradually phasing out the blanket subsidy system towards a targeted subsidy system, said Economy Minister Rafizi Ramli.
He said the phase-to-phase transition towards the targeted subsidy system requires the right financing and the right fiscal policy.
“Blanket subsidies have always been a feature in the Malaysian economy for decades. It is not an easy talk of...
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