Malaysia is reviewing its government subsidies program, aiming to direct money toward low-income groups, Prime Minister (PM) Anwar Ibrahim said on Sunday, prioritizing the rising cost of living as he takes office at a time of slowing growth.
MALAYSIA’s opposition leader Anwar Ibrahim shows an inked finger after voting during the country’s general election at Permatang Pauh, Penang, Malaysia, Nov. 19. — REUTERS
KUALA LUMPUR — Malaysia is reviewing its government subsidies program, aiming to direct money toward low-income groups, Prime Minister Anwar Ibrahim said on Sunday, prioritizing the rising cost of living as he takes oGovernment agencies have two weeks to review the implications of narrowing the subsidies, he told a news conference.ers subsidies to all citizens, with fuel and cooking oil accounting for the biggest expense.
The focus is on the new government’s policy direction and cabinet appointments. Anwar said on Friday he would have a smaller cabinet than those of previous administrations. —
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