PETALING JAYA: Short-term pain for long-term gain - that’s how economists and consumers groups are describing the government’s move to reform the subsidy system this year.
KUALA LUMPUR: Unmarried professionals in the capital city with a gross monthly income of more than RM5,000, categorised as the M40, are often left out from receiving government assistance because they are classified as ineligible.
PETALING JAYA: The government’s commitment to managing debt, increasing income streams, and rationalising subsidies is commendable for its foresight and responsibility towards economic stability and social equity, says an economist.