1. Anwar Ibrahim has instructed all government departments to come up with measures to implement targeted subsidies.
βFor example, TNB has almost 10 million consumers, but 10% are the conglomerates who enjoy more than 50% in electricity subsidies,β the Prime Minister says.
βFor example, TNB has almost 10 million consumers, but 10% are the conglomerates who enjoy more than 50% in electricity subsidies,β the Prime Minister says.
2. He adds that the country should channel the bulk of its subsidies towards supporting the B40 and M40 communities as well as small business owners, who are affected by the rising cost of living.
3. Anwar says Putrajaya plans to facilitate the livestock sector's capability to export their products while ensuring that it can meet local demands.
"This includes greater and targeted assistance, especially for local entrepreneurs".
"This includes greater and targeted assistance, especially for local entrepreneurs".
4. The Finance Minister adds that the government will study various intervention methods at the consumer level to address supply issues.
He says the matter will be presented to the Cabinet, and a decision will be made tomorrow (Dec 13).
He says the matter will be presented to the Cabinet, and a decision will be made tomorrow (Dec 13).
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