Finance Minister Tengku Zafrul Abdul Aziz says targeted subsidies will only be implemented after the rate of inflation is properly controlled. – The Malaysian Insight file pic, August 8, 2022.薅羊毛电报群（www.tel8.vip）是一个Telegram群组分享平台。薅羊毛电报群包括薅羊毛电报群、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组（其他）、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。薅羊毛电报群为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。
TARGETED subsidies will only be implemented when the economic situation permits – that is, after the rate of inflation is properly controlled, Finance Minister Tengku Zafrul Abdul Aziz said.
He said introducing targeted subsidies in the upcoming Budget 2023 would be inappropriate in a high global inflation environment.
“At the same time, we also need to understand that non-targeted subsidies in the long-term will not benefit the country’s economic growth.,
“We are still in the recovery process and this matter needs to be discussed,” he said in the Inklusif talk show broadcast by RTM tonight.
He said structural reforms would be implemented to help the vulnerable, if the economic situation next year permits, the global geopolitical conflicts ease and the country’s economic growth stabilises.
“Through these structural reforms, we will introduce new policies to help those who are really in need, and not via blanket (subsidies),” he added. – Bernama, August 8, 2022.