Tag Archive | "subsidies"

Keeping subsidies: Caring or irresponsible?

Keeping subsidies: Caring or irresponsible?

Is it caring or irresponsible of the government to maintain government subsidies? Our government seems undecided. On one hand, RON95 and diesel prices have been maintained “for the people’s sake”, despite the heavy subsidy cost. On the other hand, electricity tariffs have been raised because it would be “irresponsible” of the government to keep the people happy but make them suffer in the long-term. So, which is it?

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Going bankrupt: One government, two views

Going bankrupt: One government, two views

“If the government continues at the rate of 12% [debt growth] per annum, Malaysia could go bankrupt in 2019 with total debts amounting to RM1,158 billion.” MINISTER in the Prime Minister’s Department Datuk Seri Idris Jala, on the need for the government to cut subsidies on fuel, food, toll, health and education, as well as […]

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Do subsidies work?

Do subsidies work?

Petrol prices are going up in MalaysiaON 4 June 2008, the Barisan Nasional (BN) federal government announced a 40.6% petrol price increase effective at midnight. Pump price went from RM1.92 to RM2.70 per litre. Barely a week later, the Pakatan Rakyat (PR) federal opposition launched its Protes campaign. Then PAS vice-president Datuk Husam Musa promised […]

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Getting Malaysia out of the rut

Getting Malaysia out of the rut

What would the fisherfolk think of the government’s plan for a high income nation? IT’S a grand announcement, but what would a fisherfolk or a padi farmer think about the government’s plan to make Malaysia a high income nation by 2020? What would a single mother doing odd-jobs think of the goal to raise per […]

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