Cancelling projects to concentrate on subsidies not feasible in long run, says Najib

By ALIZA SHAH

Nation
Monday, 18 Jul 2022
7:01 PM MYT

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PETALING JAYA: The decision to postpone and cancel development projects to focus on subsidies is impractical, says Datuk Seri Najib Razak.

Acknowledging that subsidies would provide relief to the people, the former prime minister, however, stressed that such measures could not generate new income, encourage investments or create more job opportunities.

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Tags / Keywords: Projects , Subsidies , Pakatan Harapan , Ismail Sabri , Cancelling ,

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Symbol	Open	High	Low	Last	Chg	%Chg	Vol ('00)
HSI-CWGA	0.110	0.110	0.090	0.095	-0.015	-13.64	2,096,719
HSI-PWFZ	0.200	0.210	0.190	0.210	0.015	7.69	1,141,851
HSI-CWGB	0.180	0.190	0.175	0.180	-0.020	-10.00	600,778
HSI-PWHC	0.175	0.185	0.165	0.185	0.015	8.82	546,959
HSI-CWEY	0.230	0.245	0.220	0.220	-0.020	-8.33	397,670
MYEG	0.960	0.960	0.945	0.950	-0.015	-1.55	339,645
VELESTO	0.185	0.190	0.180	0.185	0.005	2.78	304,231
HSI-CWEZ	0.120	0.120	0.110	0.110	-0.020	-15.38	302,453
HSI-CWC6	0.190	0.190	0.145	0.145	-0.045	-23.68	278,502
YTLPOWR-C77	0.040	0.040	0.040	0.040	0.000	0.00	241,191
YTL-C1F	0.025	0.025	0.025	0.025	-0.005	-16.67	221,250
XIAOMI-C36	0.145	0.145	0.135	0.135	-0.015	-10.00	204,520
HSI-PWFF	0.200	0.225	0.185	0.225	0.025	12.50	190,415
JAKS	0.100	0.105	0.095	0.100	0.000	0.00	173,208
WIDAD	0.025	0.025	0.025	0.025	-0.005	-16.67	154,921

Cancelling projects to concentrate on subsidies not feasible in long run, says Najib