Targeted subsidies reduce leakages, increase aid to the people: Fahmi
Published on: Monday, June 10, 2024
By: Bernama
KOTA KINABALU: The targeted subsidy efforts implemented by the Madani Government are playing a crucial role in reducing leakages and increasing aid initiatives for the people, Communications Minister Fahmi Fadzil (pic) said.
He said the savings generated from the rationalisation of subsidies are channelled directly to the public through additional government initiatives, in turn boosting the people’s income and ensuring that subsidies do not end up in the hands of irresponsible parties.
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Fahmi pointed out that in the case of diesel subsidies, the Road Transport Department (JPJ) reported that the country loses RM1.25 million daily due to leakages and diesel smuggling, saying that this substantial amount could instead be used to fund aid programmes for the people.
“For instance, it was reported that a lorry was caught late last night attempting to fill and smuggle 4,800 litres of diesel. Despite the announcement of the targeted diesel subsidy being made at 5 pm, by midnight there were still attempts to steal diesel,” he said.
Fahmi said this at the Communications Ministry’s Excellence Service Award appreciation ceremony for the Sabah and Labuan Zone, where 69 ministry staff received their respective awards.
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