– Koon Yew Yin
The Malaysian Insider
1 July 2014
In the first part of my article on subsidies for the poor or the rich such as Umno-Putras, I drew attention to the subsidy cut on gas that has come into effect and analysed its impact on poor- and middle-class households.
In this second part, I shall look at the area of subsidies for the cronies of the political elite which run the country – subsidies which are beneath the radar, unaccountable, undeserved and which have been partly responsible for the financial mess that the country is now facing.
What should be in front line of subsidy cuts
What should comprise the first, second or third rung of subsidy cuts to balance the national budget should be open to national debate. Continue reading “Subsidies for the poor or Umno-Putras, part 2”