IF subsidies to independent power producers and oil companies are removed, then we don’t need to increase petrol and diesel prices. Right? No, wrong - simply because we don’t give subsidies to them.
The notion that if subsidies for corporations are removed then we can continue to subsidise the public, is not just a mere over-simplification of subsidy rationalisation but incorrect. Unfortunately, it is repeatedly trotted out to put every move that the Government takes towards subsidy rationalisation in an extremely unfavourable light.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
