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Subsidies and Price Controls Framework Needs A Rationalisation

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The total subsidy bill of RM71 billion is weighing down the government's fiscal health calling into question the sustainability of the current subsidy and price control framework. But how do you balance the welfare of the people and what is best for the Malaysian economy? Dr. Juita Mohamad, Director of Economics and Business and Acting Research Director, IDEAS helps answer that question.

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