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06-23-2022, 09:52 AM
[Image: 22062022-KUL-TINJAUAN_SUBSIDI_MINYAK-Alif_Omar_2.JPG]

KUALA LUMPUR – Political observers could only react in bewilderment after the government decided to remove subsidies on several crucial goods beginning next month, a move set to result in a bleak end of the year for millions of Malaysians already reeling from high inflation.

With Barisan Nasional’s (BN) popularity not necessarily at the highest level, analysts warned the government could be staring down its own barrel if it pushes on with the contentious policy that may have a significant bearing on the results of the coming general election (GE).

This is unless significant measures are taken to allay the impact of its announcement on the rakyat.

Their comments come after Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi revealed yesterday that subsidies on bottled cooking palm oil products, as well as the ceiling price control on chicken and eggs, would be removed effective July 1.


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Ipoh Community Forums > News and Current Affairs > Local News > Business. Economy and Investment > Subsidy removals: is the government digging its own grave?