Subsidy cuts are painful but necessary, say experts

PETALING JAYA: Budget 2024 will be painful, experts say, but the measures which are expected to be unveiled tomorrow are necessary and will build a stronger economy that will ultimately benefit the layperson.

Measures such as cutting blanket subsidies that mostly benefit the wealthy, and redirecting them to middle- and low-income families, will mean that the government is more fiscally responsible, they said.