Tough to implement targeted subsidies, say experts

PETALING JAYA: Cash transfers and other forms of support can be implemented faster and more effectively rather than providing targeted subsidies, say economic experts.

While the government is looking into rolling back blanket subsidies in favour of channelling targeted support to lower-income groups, economists say other factors driving up the cost of living such as price-gouging cartels must also be discussed while a framework to address the issue will need more groundwork study.