Kuala Lumpur: Economy Minister Rafizi Ramli said the government will share details on the subsidy rationalisation plan, including its criteria and implications soon.
He emphasised that if the government subsidy rationalisation policy is successful, the savings could be diverted into social assistance, potentially boosting poverty reduction while generating fiscal savings.“I know people have been asking about when we are going to introduce the mechanism, however, prioritising the harmonisation and preparation for it is necessary for something as big as this,” he said.
SPONSORED CONTENT Sabah revenue hits RM6.97 billion: Hajiji says GRS State Government may see full term Kota Kinabalu: The Sabah Government continued its momentum in managing the economy in line with the commitment and spirit of the Sabah Maju Jaya when it posted record high state revenue of RM6.973 billion last year. Read more He noted that 11.6 million individuals or 52.6 per cent of Malaysians aged 18 and above have registered on the centralised database hub .
Meanwhile, the World Bank’s Malaysia Economic Monitor report highlighted Malaysia's long-term growth prospects, which depend critically on bolstering its human capital by improving learning outcomes for children.
News Newspaper Headlines Malaysia Borneo Local National Business Sport Mobile
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Revel In A Weekend Of Fun & Fire As W Kuala Lumpur Brings Bali To You!Malaysia Latest News, Trends and Entertainment
Read more »
Activpayroll strengthens presence in APAC with Kuala Lumpur Office to meet rising industry demandsActivpayroll has strengthened its position in Malaysia and is poised to tap into the growing Asia Pacific (APAC) payroll and HR outsourcing market with the opening of its new office in Kuala Lumpur.
Read more »
Tentang rakaman semula Hari Raya Di Kuala Lumpur oleh ButterfingersTentang rakaman semula Hari Raya Di Kuala Lumpur oleh Butterfingers
Read more »
Singer-Songwriter Chris James Is Bringing “Dopamine Overload Asia Tour” To Kuala LumpurMalaysia Latest News, Trends and Entertainment
Read more »
Study: Kuala Lumpur is 4th Best Destination in Asia for Remote Work, 22nd in the WorldKuala Lumpur has just been named the 4th best destination in Asia for remote work by the latest iteration of The Best Destinations for Remote Work rankings by
Read more »
Grand Hyatt Kuala Lumpur Launches #DinewithChef: A Global Culinary Celebration!DinewithChef event brings together Head Chefs from Grand Hyatt Kuala Lumpur, Park Hyatt Kuala Lumpur, and Hyatt Centric City Centre Kuala Lumpur.
Read more »