Malaysia

Targeted subsidies to be carried out as govt plans restructuring

Prime Minister maintains subsidy overhaul will continue to focus on the less fortunate

Updated 2 years ago · Published on 11 Sep 2023 2:51PM

Targeted subsidies to be carried out as govt plans restructuring
The targeted subsidy mechanism aims to ensure that the fate of the less fortunate is protected. – The Vibes file pic, September 11, 2023

by Jason Santos

KUALA LUMPUR – The federal government will introduce the targeted subsidy delivery system to assist the less fortunate as it plans to restructure subsidies of electricity, diesel, petrol and other social assistance schemes, said Prime Minister Datuk Seri Anwar Ibrahim

In tabling the 12th Malaysia Plan mid-term review today, he said the government is concerned about the burdened citizens due to the increasing cost of living and therefore, determined to improve the Targeted Subsidy delivery mechanism as one of its main shifts in the Madani economy. 

Anwar assured that the less fortunate citizens will remain a priority for the government to be saved and remain assisted. 

“The distribution of targeted subsidies and assistance to the citizens will be coordinated through the Main Database System (Padu) based on household data to enhance efficiency and government assistance monitoring. 

“Savings from more targeted subsidies can be allocated accordingly,” he said in parliament here today. 

Anwar maintained the government bears the responsibility to protect its people, especially the less fortunate. The targeted subsidy mechanism aims to ensure that the fate of these groups is protected and that they receive the benefits from the distributed assistance. – The Vibes, September 11, 2023

Related News

Opinion / 3w

Why Bersama is not Malaysia’s best hope

Malaysia / 4w

Recent Rain Rave Water Music Festival generated over RM320m - Tiong

Malaysia / 1mth

Selangor still Malaysia’s top economic engine, DOSM data counters political claims

Malaysia / 2mth

Penang initiates measures to minimise impact of Middle East conflict

Malaysia / 2mth

Penang CM: New developments key to stimulating state economy

Malaysia / 3mth

Selangor allocates over RM130 million to face West Asia crisis

Spotlight

Malaysia

Anwar, Zahid project unity at Putrajaya amid PH-BN differences during state polls

By Alfian Z.M. Tahir

Malaysia

Police looking for two robbery suspects who kicked elderly woman (video)

Malaysia

Malaysia will not bow to US congressional pressure over Israeli nationals’ issue - Loke (UPDATED)

Malaysia

Deaf e-hailing driver sues government, police over alleged assault, seeks disability access reforms

By Alfian Z.M. Tahir

Malaysia

Johor appoints 10 deputy exco to strengthen administration

Malaysia

Suspended police corporal charged with sexual assault of 11-year-old daughter

Malaysia

Magnitude 5.7 earthquake off northern Sumatra felt across west coast of Peninsular Malaysia

World

Trump approves potential US-Saudi nuclear deal allowing uranium enrichment capability

Malaysia

Network School moves to Kazakhstan

You may be interested

Malaysia

Federal Govt passes RM83.46m in flood mitigation, coastal protection projects to Selangor

Malaysia

International drug syndicates exploit last-minute airport check-ins to slip mules through security

Malaysia

MCMC issued more than 1.2 million content removal requests - Teo Nie Ching

Malaysia

Network School's business licences revoked, to cease operations tomorrow

Malaysia

After Johor, the uncomfortable question for Anwar’s critics: Were we too impatient?

By The Vibes Says

Malaysia

Deaf e-hailing driver sues government, police over alleged assault, seeks disability access reforms

By Alfian Z.M. Tahir

Malaysia

Govt aligns GLIC investments with national development through GEAR-uP programme

Malaysia

US lawmakers urge review of Malaysia ties over Anwar’s Israel deportation remarks