KUALA LUMPUR, June 12 — The National Consumer Action Council (MTPN) has proposed that the government provide continuous cash assistance to low-income groups to ease their burden...
File picture of the Teluk Kumbar fishermen hub at Bayan Lepas in Penang, August 4, 2023. MTPN president Datuk Kevy KV Yeo suggested that the government replace general diesel subsidies with targeted subsidies for sectors such as public transportation, agriculture and fisheries.
He suggested that the government replace general diesel subsidies with targeted subsidies for sectors such as public transportation, agriculture and fisheries. The government should also promote the use of new energy sources by providing incentives for renewable energy usage in the form of excise tax exemptions, cash rebates or low-cost financing for the installation of new power systems.
Kevy felt that these measures need to be implemented carefully and synergistically to minimise the impact of the targeted diesel subsidy.
Continuous Cash Assistance Low-Income Groups Diesel Prices
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