These include the rationalisation of petrol and education subsidies by moving from blanket subsidy schemes to more targeted initiatives. But the country's larger urban households with higher incomes will be the hardest hit by this shift, experts say.
Keeping to his pledge to tax high-income earners, Datuk Seri Anwar said on Oct 18 that the government will remove fuel subsidies for RON 95, a heavily subsidised petrol, by the middle of 2025. He will also gradually reduce education subsidies for the well-heeled.
Diese Geschichte stammt aus der October 19, 2024-Ausgabe von The Straits Times.
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Diese Geschichte stammt aus der October 19, 2024-Ausgabe von The Straits Times.
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