KUALA LUMPUR, June 15 — Prime Minister Datuk Seri Anwar Ibrahim said today that the mechanism for targeted subsidies is still being scrutinised and fine-tuned, as Putrajaya aims...
KUALA LUMPUR, June 15 — Prime Minister Datuk Seri Anwar Ibrahim said today that the mechanism for targeted subsidies is still being scrutinised and fine-tuned, as Putrajaya aims to cut off aid to more well-off Malaysians.
“Targeted subsidy means it's for the people, not the very rich. At the moment things like Tabung Haji or electricity we're giving to all including the rich. Give it to the needy instead. “Look at the electricity and diesel subsidies. People with Mercedes and Rolls Royces are enjoying this subsidy. If they don't use it for the main car they abuse the system to fuel their second car so that's why we need more time. If it's ready I'll roll it out tomorrow but for now, we need to work on it further,” he added.
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