Malaysia

Anwar: Government did not remove subsidies

Reforms on the subsidy systems would be implemented so only those who need them most will benefit

Updated 1 year ago · Published on 20 Oct 2024 7:40AM

Anwar: Government did not remove subsidies
Anwar said these subsidies should benefit those from the low and middle-income groups. - October 20, 2024

by Jason Santos

PRIME Minister Datuk Seri Anwar Ibrahim said the government has not removed subsidies but will implement measures to ensure they reach those most need them.

Anwar said the government needs to manage its resources to ensure all its spending is targeted effectively.

"I want to clarify that we did not remove subsidies. The government still provides subsidies for essential items, including rice and fuel.

"What we are doing is ensuring that these subsidies reach the people who need them the most and are not being misused or wasted. 

“There has been no cut in subsidies as some have claimed," Anwar said during the launching of the Sabah International Blue Ocean Conference in Kota Kinabalu.

When tabling the 2025 National Budget, he said the government plans to carry out reforms on the country's subsidy systems for education, healthcare and fuel to redirect the subsidies that also benefit the wealthy individuals and foreign nationals.

Anwar said these subsidies should benefit those from the low and middle-income groups. - October 20, 2024

Related News

Malaysia / 3d

Is Malaysia 'soft' in tackling the haze? The government has done everything it possibly can – PM Anwar

Malaysia / 5d

Malaysia’s K-shaped economy: Growth without shared prosperity?

Malaysia / 1w

Budget 2027: Anwar appears mindful of GE16, says analyst

Malaysia / 1w

AMK slams Eric See-To for using the Quran as a tool for political attacks

Malaysia / 1w

Budget 2027: Most reform-minded budget in history, says Guan Eng

Malaysia / 1w

Malaysia’s 2027 Budget is a steady one: people-oriented continuity rather than bold reform

Spotlight

Malaysia

Bersama suspends Nik Nazmi from party activities for three months

Malaysia

‘We have better things to do than orchestrate khalwat raids’ - Amirudin

Malaysia

Social media posts ‘emerge’- defending Ismail after Tuanku Muhriz’s public rebuke

World

Trump’s Muhammad joke about Iran presidency falls flat at Georgia rally

Health

Haze can cause life-threatening lung inflammation in cats and dogs, vet warns

World

Australia detects deadly H5N1 bird flu on Macquarie Island, threatening elephant seals

Malaysia

Agong warns against using social media to spread hatred, insult others

Malaysia

Nik Nazmi acknowledges he is the individual detained by JAIS

You may be interested

Malaysia

Nine suspicious packages at Negeri schools found to contain flour, plastic plates

Malaysia

Social media posts ‘emerge’- defending Ismail after Tuanku Muhriz’s public rebuke

Malaysia

PKR restructures Sarawak leadership to strengthen election machinery

Malaysia

Drug cases involve 75% of Malaysia’s 90,000 prison inmates - Home Minster

Malaysia

Murdered MCBA officer’s body to be buried in Kelantan as young children told she died of illness

Malaysia

UM denies disciplinary action against student over Najib, Tabung Haji remarks

Malaysia

Sarawak election window narrows as December polls loom, says Abdul Karim

Malaysia

Najib fund draws questions for UMNO as UM student faces online threat