PETALING AYA: An explosion rocked the Ng Yam Huat Food Court in Taman Ciku, Bukit Mertajam at 8:30am on Sunday (Oct 27), damaging many stalls.
THE government is taking a structured and phased approach to its review of subsidies to minimise potential disruption to business sectors and the rakyat.
Post-Covid-19 pandemic, the government’s gradual approach in transitioning from blanket subsidies to targeted subsidies has helped to mitigate inflationary pressures on the economy. The government’s targeted cash assistance programmes and other social assistance measures such as Sumbangan Asas Rahmah, Sumbangan Tunai Rahmah and Budi Madani have also cushioned the impact of subsidy retargeting, as observed by the stable growth in private consumption during the second quarter of 2024.
To minimise exclusion and inclusion errors, the government said it is employing big data initiatives in the implementation of subsidies.
Subsidy Inflation Electricity Tariffs Padu
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