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Time For Subsidy Rationalisation

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The issue of abolishing subsidies for packet cooking oil has been discussed numerous times at the cabinet level with no firm decision on this matter despite it costing the government more than RM800mn. We ask Prof. Dr. Mohd Nazari bin Ismail, Honorary Professor, Department of Management & Marketing, Faculty of Business and Economics at Universiti Malaya for his views on this.

Image Credit: shutterstock.com

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