Sun, 21 Jul 2024

HEADLINES :


Targeted subsidies reduce leakages, increase aid to the people: Fahmi
Published on: Monday, June 10, 2024
By: Bernama
Text Size:

Targeted subsidies reduce leakages, increase aid to the people: Fahmi
KOTA KINABALU: The targeted subsidy efforts implemented by the Madani Government are playing a crucial role in reducing leakages and increasing aid initiatives for the people, Communications Minister Fahmi Fadzil (pic) said. 

He said the savings generated from the rationalisation of subsidies are channelled directly to the public through additional government initiatives, in turn boosting the people’s income and ensuring that subsidies do not end up in the hands of irresponsible parties.

Fahmi pointed out that in the case of diesel subsidies, the Road Transport Department (JPJ) reported that the country loses RM1.25 million daily due to leakages and diesel smuggling, saying that this substantial amount could instead be used to fund aid programmes for the people.

“For instance, it was reported that a lorry was caught late last night attempting to fill and smuggle 4,800 litres of diesel. Despite the announcement of the targeted diesel subsidy being made at 5 pm, by midnight there were still attempts to steal diesel,” he said.

Fahmi said this at the Communications Ministry’s Excellence Service Award appreciation ceremony for the Sabah and Labuan Zone, where 69 ministry staff received their respective awards.

* Follow us on Instagram and join our Telegram and/or WhatsApp channel(s) for the latest news you don't want to miss.

* Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available.





ADVERTISEMENT






Top Stories Today

National Top Stories


Follow Us  



Follow us              

Daily Express TV  







close
Try 1 month for RM 18.00
Already a subscriber? Login here
open

Try 1 month for RM 18.00

Already a subscriber? Login here