PUTRAJAYA, Nov 27 — Prime Minister Datuk Seri Anwar Ibrahim today ordered the National Action Council on Cost of Living (NACCOL) to analyse and go through the subsidy implications within two weeks.
He said that the subsidies borne by the government including the electricity bill subsidy, are currently being enjoyed by all groups even though they are actually for the poor.
“I have no problem with subsidies for the people, especially those who are in need, but these subsidies should be targeted.
“I have given a period of two weeks to analyse and go through all the implications and discuss with the private sector, investors so that they understand the purpose of the subsidy is to ease the burden of the poor and of course the rich and the industry should not be enjoying it,” he said after chairing the NACCOL Special Meeting at Perdana Putra here.
Anwar said the comprehensive policy related to the subsidies would be reviewed after the formation of the Cabinet.
