PETALING JAYA: The proposed targeted approach by the government should focus on subsidies that cost the most, those mired in corruption and subsidies which involve basic necessities, says an economic expert.
PETALING JAYA: With the mini Budget for the payment of emoluments for the civil servants passed in Parliament, attention is now turned to the new Budget 2023.
PETALING JAYA: The country should go back to basics and focus on the agriculture sector and improve the public transport system to tackle the rising cost of living, among other measures, say stakeholders.
PETALING JAYA: Cash transfers and other forms of support can be implemented faster and more effectively rather than providing targeted subsidies, say economic experts.
PETALING JAYA: The government is doing the right thing by focusing on austerity measures and putting off big projects in favour of the people’s welfare, say economists.