JUNE 10 — Prime Minister Datuk Seri Anwar Ibrahim said today that all prime ministers before him had agreed on targeted subsidy. Is that so? Anwar’s predecessor, Datuk Seri...
, did indeed say the government had suffered a massive loss due to untargeted subsidies as all quarters were enjoying subsidies which were meant for a more deserving group — that is, the poor.
Ismail Sabri’s predecessor, Tan Sri Muhyiddin Yassin, once said that the government could save RM20 billion a year by implementing targeted subsidy. He was then the National Recovery Council chairman. “We cannot give subsidy to the rich, and we see that under the old subsidy those using luxury cars like Rolls-Royce also get the subsidy,” he told reporters at the Parliament lobby.subsidy rationalisation programme
He added that without strong economic fundamentals and plugging leakages, it would be difficult for the country to achieve the desired growth rate.
Did The Previous Prime Ministers Say About Targeted Subsidy? Hafiz Hassan
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