Subsidy must hit targets


IT was revealed recently that the rich are the main beneficiaries of the government’s fuel subsidy programme. Of the estimated RM4bil spent by the government on fuel subsidy between January and March this year, more than half was enjoyed by the T20 group, the richest people in the country.

Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said that for every RM1 spent on fuel subsidy, 53 sen went to the T20 while only 15 sen benefited the B40 or the bottom 40% of Malaysian households in terms of income.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 31
Cxense type: NA
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

letters , fuel , subsidy

   

Next In Letters

Food insecurity: Learn from past policy failures
Remember our warriors
Don’t rely on only one champion
Stop delaying political funding Bill
Improve English communication skills
My lesson in resilience
Yes to holistic assessment
PM has Malaysian Family's best interests at heart
Everyone should learn life-saving skills like CPR
Inordinately worked up over removal of subsidy

Others Also Read