subsidies Archives

RON95 petrol subsidies need to be reduced in stages to avoid burdening the rakyat, says analyst

April 19, 2024 mpsingh No Comments Auto analyst, avoid, burdening, petrol, rakyat, reduced, RON95, stages, subsidies

The Malaysian government’s decision to reduce fuel subsidies this year has obviously been a source of debate, as it has sparked fears it may lead to a drastic increase in petrol prices. To that end, an analyst has urged authorities to float the price of RON95 fuel in stages to prevent a price shock that [...]read moreRON95 petrol subsidies need to be reduced in stages to avoid burdening the rakyat, says analyst

Petrol subsidies in Malaysia confirmed to be reduced this year – unsubsidised RON95 to be RM3.38/litre?

April 17, 2024 mpsingh No Comments Auto Confirmed, Malaysia, petrol, reduced, RM3.38litre, RON95, subsidies, Unsubsidised, Year

Economy minister Rafizi Ramli has reportedly confirmed that Malaysia will reduce subsidies for petrol this year in order to reduce the country’s fiscal deficit, Malay Mail reported, citing Bloomberg. The Malaysian government remains on track in focusing its handouts on aid for the needy, Rafizi said, adding that the government ‘needs to manage the sequence’ [...]read morePetrol subsidies in Malaysia confirmed to be reduced this year – unsubsidised RON95 to be RM3.38/litre?

Targeted subsidies will have an impact on consumers beyond just the hike in fuel prices, say economists

April 5, 2024 mpsingh No Comments Auto consumers, Economists, Fuel, hike, Impact, prices, subsidies, targeted

With the Pangkalan Data Utama (PADU) socio-economic database on the way to being done and dusted, for the most anyway, the focus and attention is back on the topic that is intertwined with it, that of targeted subsidies. Although the government has stated it plans to implement it this year, with that for RON 95 [...]read moreTargeted subsidies will have an impact on consumers beyond just the hike in fuel prices, say economists

Opinion: What is the public actually getting for $7.3B in housing subsidies?

March 30, 2024 mpsingh No Comments Real estate 7.3B, Federal Home Loan Banks, Federal Housing Finance Agency, GSEs, Housing, Opinion, Public, subsidies

Federal Home Loan Bank reform is in the air in Washington D.C. The White House recently endorsed a plan to double FHLBanks’ mandatory contributions to affordable housing programs from 10 to 20% of their net income, following a recommendation by the Federal Housing Finance Agency. And the Coalition for Federal Home Loan Bank Reform, a group that I [...]read moreOpinion: What is the public actually getting for $7.3B in housing subsidies?

Don’t tie targeted subsidies to PADU registrations, as many needing aid likely to be excluded, say academics

March 29, 2024 mpsingh No Comments Auto academics, AID, Dont, excluded, needing, PADU, Registrations, subsidies, targeted, tie

It has already been stated that the Pangkalan Data Utama (PADU) socio-economic database, for which registration ends on March 31, will be used as a key component in how the government retargets subsidies and assistance. However, only around nine million people out of a possible 30.08 million have registered their details as of this week, [...]read moreDon’t tie targeted subsidies to PADU registrations, as many needing aid likely to be excluded, say academics

Government considering using monthly cash transfers to dispense targeted subsidies – Rafizi Ramli

March 25, 2024 mpsingh No Comments Auto Cash, dispense, Government, monthly, Rafizi, Ramli, subsidies, targeted, transfers

While the mechanism for targeted subsidies has yet to be announced, the government has once again said it is considering using monthly cash transfers as a means to disburse financial aid to those who qualify for it. According to economy minister Rafizi Ramli, the government is currently discussing using monthly cash transfers as the proposed [...]read moreGovernment considering using monthly cash transfers to dispense targeted subsidies – Rafizi Ramli