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Detailed mechanism on targeted subsidies after mid-2023

17 Mar 2023 11:08am
She said the Ministry of Domestic Trade and Cost of Living (KPDN) also takes seriously the issue of leakages of subsidised cooking oil packets which are becoming more sophisticated. - BERNAMA
She said the Ministry of Domestic Trade and Cost of Living (KPDN) also takes seriously the issue of leakages of subsidised cooking oil packets which are becoming more sophisticated. - BERNAMA
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KUALA LUMPUR - Details on the mechanism and policy for the implementation of targeted subsidies are expected to be announced after the middle of this year with a workshop on the matter already implemented, said Deputy Minister of Domestic Trade and Cost of Living Senator Fuziah Salleh.

"One of the things we are looking at is increasing the quota, how to ensure that people who are eligible receive (subsidies). Now we use bulk subsidy, it is sold near the store.

"If it (subsidy) is targeted, it (subsidised goods) may not be sold in shops anymore," she said when winding up the Ministry's Supply Bill 2023 at the Dewan Rakyat yesterday.

She said the Ministry of Domestic Trade and Cost of Living (KPDN) also takes seriously the issue of leakages of subsidised cooking oil packets which are becoming more sophisticated.

According to her, KPDN is looking into strengthening the enforcement section under the ministry to make it as a department, in line with current needs.

The Dewan Rakyat then passed an allocation of RM1,191,811,400 for KPDN in Budget 2023 at the committee stage via a majority voice vote.

The Dewan will sit again on Monday. - BERNAMA

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Fuziah Salleh
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