The Performance Management and Delivery Unit (Pemandu), headed by Minister in the Prime Minister’s Department Datuk Idris Jala, organised the Subsidy Rationalisation Lab on 27 May to get feedbacks from the public on its proposals to cut subsidies that could save the nation up to RM103bn over five years (see Tables 1 & 2). According to Pemandu, the Government provided a total of RM74bn as subsidies in 2009. This includes RM42.9bn or 58% for social services covering education and healthcare, RM23.7bn or 32% for fuel and energy, RM4.4bn or 6% for infrastructure and RM3.0bn or 4% for food. Pemandu further said that 61% out of 191,592 respondents who took part in an sms poll supported the subsidy reduction and 66% said that the reduction should be done over 3-5 years.
Economic Highlights - Proposals By Pemandu To Cut Subsidies - 31/5/2010
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