News and views that matter. Malaysiakini is an online news portal published in Malay, English, Chinese and Tamil. Malaysiakini receives over millions of page-views per day and is one of the most trusted news brand in Malaysia.
MP SPEAKS | Prime Minister Anwar Ibrahim announced on May 21 that the cabinet had agreed to begin targeted diesel subsidies, starting with Peninsular Malaysia. This exercise will eventually encompass most fuel subsidies - such as for RON95.The prime minister has stressed that subsidies will still be given to the “B40” group and to crucial users like taxis and fisherfolk.
The fact that subsidies will still be retained for those in need, that the diesel targeting will not affect Sabah and Sarawak and that the process is being accompanied by salary revisions in the public sector, the introduction of a progressive wage mechanism for SMEs, the extension of cash transfers as well as more spending on public transport are all part of a gradualist approach to this weighty undertaking.
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