PM Anwar: Malaysia’s subsidies expected to surpass RM81b this year

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PM Anwar: Malaysia’s subsidies expected to surpass RM81b this year
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KOTA KINABALU, Oct 4 — The subsidies given by the government to the people throughout the country including electricity, fuel and food is expected to exceed RM81 billion this...

Prime Minister Datuk Seri Anwar Ibrahim at the Islamic Affairs Management Convention in conjunction with the 2023 Ijtimak Perdana Agensi Agama Seluruh Malaysia at the Sabah International Convention Centre, Kota Kinabalu, October 4, 2023. — Bernama picKOTA KINABALU, Oct 4 — The subsidies given by the government to the people throughout the country including electricity, fuel and food is expected to exceed RM81 billion this year, said Prime Minister Datuk Seri Anwar Ibrahim.

“Subsidy is an intervention by the government to ease the people’s burden. Subsidies for chicken and eggs amounted to RM3.8 billion but reducing the subsidies would not an option as it will raise the cost of living to the people, therefore a more resilient policy is needed to reduce which is the rationalisation of subsidies.

IJPAM 2023 which began on September 30 until tomorrow saw the attendance of 1,837 participants from various Islamic Affairs agencies at federal and state levels throughout the country. “I requested this rationalisation from the Muslim community, the richest are not given subsidies to help other pilgrims, it was well received. There are 400 pilgrims who are eligible for the subsidy but turned down the subsidy to help others pay the cost of Haj,” he said.

Meanwhile, he said the government’s move to provide a subsidy of RM950 per tonne of imported white rice to Sabah and Sarawak is important to help the people, especially the poor in the state. In the meantime, Anwar thanked the 12 elected representatives and leaders of Pakatan Harapan Sabah who have withdrawn their suit against the federal government over the implementation of the Malaysia Agreement 1963 .

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