We have a subsidy addiction

MALAYSIA stands at a critical economic crossroads. For decades, the country has heavily relied on blanket subsidies to manage the cost of living – a populist strategy that may have offered short-term relief, but now threatens long-term sustainability.

From petrol and diesel to rice, sugar, and electricity, the Malay-sian government continues to subsidise essential goods in the name of public welfare. While the intent is noble, the execution has created deep economic distortions.