Insight - Subsidies in place of mega projects?

The government has to consider current trends and undertake due diligence for the maximum benefits, said Bank Islam Malaysia Bhd chief economist Afzanizam Mohamed Rashid.

IN times of rising inflation, funding the hefty RM77.3bil subsidy bill has become so important that mega projects which carry substantial spin-off effects, may be delayed to make way for the subsidies.

Would it be a big loss if we postpone some of these mega projects which may be delayed, anyway, by rising costs of building materials and labour shortages?