targeted subsidy

Non-citizens, the commercial sector, and smuggling activities make up around 40 pct of total petrol consumption, current data shows.

The main point here is the (targeted) subsidies should not burden the 85 pct of the population, says PM Datuk Seri Anwar Ibrahim.

According to MoF, the official 2024 forecasts for inflation and GDP growth remain at 2.0-3.5 per cent and 4.0-5.0 per cent, respectively.

The government decided to lower chicken egg prices nationwide by 3 cents each to pass on targeted subsidy savings to the public.

Datuk Armizan Mohd Ali said the companies were called up to explain the justification of their action.

Shan Saeed said more countries are now removing subsidies and move to a more market-driven approach.

The funds from the targeted subsidy are not for increasing ministerial allowances or other interests, said Datuk Seri Anwar Ibrahim.

Datuk Seri Amir Hamzah Azizan said the fixed price and targeted diesel subsidy implementation would see the govt save RM4 billion per year.

Datuk Seri Anwar Ibrahim said it was normal for PM to announce policy and relevant minister to provide details and follow-up actions later.

The targeted subsidy will not involve consumers in Sabah and Sarawak as it was used in nearly every family's vehicle in both states.

Implementing the subsidy retargeting programme by the end of 2024 would immediately translate into a better fiscal position for the country.

Datuk Seri Anwar Ibrahim said the implementation of targeted subsidies aims to ensure that only deserving individuals can benefit from it.

Issues on targeted subsidy, prices of goods and food security are among matters to be raised in Parliament today.

The database from the RTD is one of the elements that the government will use in identifying targeted subsidy recipients involving petrol.

It's already, in effect, implemented by other central banks.

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.

Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.

For the first time, Saudi Arabia is participating in the China International Aviation & Aerospace Exhibition held recently in Zhuhai.

The coronation of Britain's King Charles cost taxpayers GBP72 million (US$90 million), official accounts have revealed.

A married couple and a man were charged in the Magistrate's Court here today with trafficking 51.974 kilogrammes of Methamphetamine.