Focus

Targeted subsidy expected to begin in 2024

11 Sep 2023 05:44pm
Rafizi. Bernama FILE PIX
Rafizi. Bernama FILE PIX

KUALA LUMPUR - The targeted subsidy programme is expected to be fully implemented beginning next year, said Economy Minister Rafizi Ramli.

He said this time frame was based on the scheduled launch of the Main Data Base System (PADU) this November before it is opened to the public for verification of their socioeconomic status in January next year.

"Whether the mechanism is to be cash transfer or card issuance will be decided from time to time because the priority now is to ensure there is complete information on the socioeconomic status of every household,” he said.

He told a press conference this after the tabling of the 12th Malaysia Plan Mid-Term Review (12MP MTR) by Prime Minister Datuk Seri Anwar Ibrahim in the Dewan Rakyat today.

On May 15 this year, Anwar, who is also Finance Minister, agreed to establish PADU to integrate the socioeconomic information of every household in the country to streamline the implementation of targeted subsidies.

Anwar said the system would help the government to ensure that subsidy programmes would be implemented in a more orderly manner to prevent any eligible household from being left out. - BERNAMA

Related Articles:
Rafizi Ramli
Targeted subsidy
More Like This
Photo for illustration purposes only.
Photo for illustration purposes only.
National Ringgit rises against US dollar as DXY declines
As of 8am, the ringgit was trading at 4.5010/5100 against the greenback, up from 4.5055/5100 at Friday's close.
ECRL, valued at RM50 billion, has reached 72.93 per cent completion as of September 2024. Spanning 665 kilometres, the ECRL will connect the Klang Valley to the East Coast, reducing travel time between Kota Bharu and Gombak from seven hours by road to four hours by rail. - File photo
ECRL, valued at RM50 billion, has reached 72.93 per cent completion as of September 2024. Spanning 665 kilometres, the ECRL will connect the Klang Valley to the East Coast, reducing travel time between Kota Bharu and Gombak from seven hours by road to four hours by rail. - File photo
National Key projects make rapid progress, changing Malaysia's transportation landscape
Mammoth projects like the KL Sentral redevelopment, Pan Borneo Highway and the East Coast Rail Link (ECRL) are modernising urban centres and creating transport-oriented development.
Photo for illustration purpose only. - Photo illustrated via Canva
Photo for illustration purpose only. - Photo illustrated via Canva
National UMS: Three decades of excellence in Sabah's higher education and counting
Established on November 24, 1994, UMS has achieved remarkable milestones, including publishing hundreds of high-impact journals and producing groundbreaking innovations and research with some of this work being incorporated into government policies, contributing significantly to Malaysia’s...
The interior of Norpadilah's home, which features an English-style 'farmhouse' concept while still preserving its Malay identity. - Photo by Bernama
The interior of Norpadilah's home, which features an English-style 'farmhouse' concept while still preserving its Malay identity. - Photo by Bernama
National Creative ideas using recycled materials generate lucrative income for housewife
Who would have thought that crafting items from discarded materials could generate an income of thousands of ringgit?