KUALA LUMPUR: The government is set to introduce a Cost of Living Indicator (IKSH) to design more targeted subsidy programmes aligned with the specific needs and spending habits of Malaysians, says Domestic Trade and Cost of Living (KPDN) Minister Datuk Armizan Mohd Ali.
He said the initiative is part of ongoing subsidy reforms to ensure aid reaches those most in need. The IKSH will help refine both existing programmes and future initiatives for better planning and execution.
“Under Budget 2025, an additional RM700mil has been allocated to KPDN to introduce new measures aimed at alleviating the cost of living.
“This allocation allows us to not only enhance current programmes to benefit target groups but also implement more specific initiatives for certain regions,” Armizan said during the question-and-answer session in the Dewan Rakyat.
He added that the indicator will ensure future programmes are more focused, addressing basic necessities while empowering citizens to participate more meaningfully in society.
Armizan was responding to Datuk Seri Doris Sophia Anak Brodi, who asked about alternative initiatives by KPDN to support the public alongside existing subsidy programmes. — Bernama
