Govt to remove subsidies gradually, says Treasury sec-gen
Published: Oct 16, 2023 11:20 PM | Updated: Oct 16, 2023 11:24 PM
BUDGET 2024 | The government will not abolish subsidies at one go but do so through a gradual process, said Treasury secretary-general Johan Mahmood Merican.
Removing all subsidies at once would increase the cost of living and stunt the growth of businesses and investments, he said.
He added that the government is looking at lifting...
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