KUALA LUMPUR: Delays in the implementation of targeted subsidy rationalisation were a factor for Malaysia slipping in the World Competitiveness Ranking (WCR) 2024, said Datuk Seri Anwar Ibrahim.
"If you look at the finer details of the report, among the strong caution why we slipped in the ranking was because of delays and being not stern in implementing the targeted subsidy," the Prime Minister said when replying to a question by Datuk Adnan Hamimi Taib Azamudden (Perikatan Nasional-Alor Setar) in Dewan Rakyat on Tuesday (June 25).