The removal of the diesel blanket subsidy in favour of a targeted subsidy mechanism has been all the headlines in Malaysia recently, echoing the rakyat's
The removal of the diesel blanket subsidy in favour of a targeted subsidy mechanism has been all the headlines in Malaysia recently, echoing the rakyat‘s concerns that the removal would cause a domino effect resulting in the increase of prices for goods and services.
“If the diesel subsidy is removed for the ultra-rich and smugglers, what is the Government doing with the money saved?” Next, Fahmi said that individuals will also still enjoy diesel subsidies through the BUDI MADANI cash aid, which gives eligible Malaysians RM2,400 per year or RM200 per month. Fahmi then referenced the good news from Prime Minister Datuk Seri Anwar Ibrahim who announced that prices of eggs have gone down by 3 sen.
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