Insight - The myth of subsidies


Subsidies and price controls can be found in a range of products including petrol, natural gas, electricity, cooking oil, sugar, toll charges and bus fares, which account for about 20% of the consumer price index (CPI) basket.

RISING consumer price pressures and cost of living have exerted pressure on the government to increase subsidies and implement controls (ceilings) to keep prices of food and services at reasonable levels for the poor, lower and middle-income households.

Subsidies and price controls can be found in a range of products including petrol, natural gas, electricity, cooking oil, sugar, toll charges and bus fares, which account for about 20% of the consumer price index (CPI) basket.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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Lee Heng Guie , subsidies , petrol , gas , toll ,

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