politics
Malaysia's targeted subsidies save RM15.5 billion, ease living costs: Treasury s
PUTRAJAYA, Jan 17 — The Malaysian government is using targeted subsidies to help households cope with cost-of-living pressures, saving RM15.5 billion and keeping inflation below 2%, Treasury secretary-general Datuk Johan Mahmood Merican said. He stated that subsidies are not inherently bad but serve as an important instrument when managed effectively.