Sectoral Impact Of Subsidy Rationalization

Jeremy Goh, Head of Research, Hong Leong Investment Bank

25-Mar-24 07:30

Sectoral Impact Of Subsidy Rationalization

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Economy minister Rafizi Ramli has warned that any delay in implementing targeted subsidies would cost the government RM2 billion a month in blanket petrol subsidies. It is now depending on a successful PADU initiative to begin reforming how subsidies are doled out. Jeremy Goh, Head of Research at Hong Leong Investment Bank helps us analyse the issue.

Image Credit: Shutterstock.com

Produced by: Tun Hizami Hashim, Wong Shou Ning

Presented by: Shazana Mokhtar, Philip See, Keith Kam

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Categories: economy, government

Tags: subsidy rationalisation, target subsidy,

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