KUALA LUMPUR (Bernama): Experts have lauded the Government's decision to extend the Targeted Fuel Subsidy Programme (PSP) to Malaysians in the middle-income bracket (M40), saying that the move will not only enhance their purchasing power but also help to boost economic growth.
Senior lecturer at Universiti Utara Malaysia's Centre for Economic, Finance and Banking Studies Muhammad Ridhuan Bos Abdullah said the M40 group can use the savings from their petrol subsidy for other productive purposes.
