Put Targeted Subsidy Plan In Place Quickly To Combat Diesel Smuggling Govt Urged


 
Consumer group Fomca says introducing targeted subsidies will curb smuggling. (Bernama pic)PETALING JAYA: The government has been urged to expedite the introduction of targeted subsidies for diesel to curb smuggling of the commodity.
Apart from that, Federation of Malaysian Consumers Associations (Fomca) CEO Saravanan Thambirajah said, it will ensure that the benefits derived will reach the people who need help most.
“This approach does away with universal subsidy that has, inadvertently, benefited smugglers,” he told FMT.
He was commenting on a report citing the domestic trade and cost of living ministry as saying that a rise in the incidence of smuggling is expected this year.



Its director-general Zubir Hamsa said last month that there has been 324 cases involving 3.2 million litres of diesel as of March 27 this year. The value of the diesel, seized through Op Tiris, is valued at RM7.5 million.
On April 1, Prime Minister Anwar Ibrahim said 80% to 85% of the population will be affected when subsidies for diesel is removed.
On the other hand, he said, the move will lead to an end to leakages and smuggling, a problem that has persisted for years, costing taxpayers tens of billions of ringgit annually.
When tabling Budget 2024 in October last year, the government said the removal of subsidies for diesel and RON95 petrol could lead to billions in savings each year.
The savings will be directed to the underprivileged through cash handouts to help them defray the higher cost of diesel at the pump.
This will also ensure that those in the T20 group, the richest Malaysians, as well as the 3.5 million to four million foreigners who work and reside in the country, do not enjoy the subsidy.
Saravanan said that offering financial assistance based on data on the Central Database Hub (Padu) will ensure that such benefits reach the intended target groups such as low-income families and sectors that are vital for the economy.
“This will also reduce wastage and make the subsidy programme more efficient,” he added.
The Malaysian representative at the Washington-based Consumer Choice Centre, Tarmizi Anuwar, also acknowledged that moving to a targeted subsidy regime will reduce smuggling and misappropriation.
However, he said, steps must also be taken to prevent a distortion of the market that could eventually lead to more illicit activities.
“It’s essential to strike a balance between ensuring fair market practices and providing support to legitimate users,” he told FMT.
“Identifying the most effective approach to implement targeted subsidies is crucial,” he added.
Tarmizi said a more effective way to curb diesel smuggling and misappropriation is to adopt a multi-faceted approach that includes stricter enforcement, enhanced border controls and stiffer penalties for offenders. - FMT


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2024/04/put-targeted-subsidy-plan-in-place.html

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Govt Urged To Do More As Rice Farmers Reap Bitter Harvest

Govt Urged To Do More As Rice Farmers Reap Bitter Harvest

papar berkaitan - pada 21/4/2024 - jumlah : 98 hits
Being a rice farmer is not easy especially with paddy being such a risky crop With challenges such as extreme weather harvesting schedules often run wild said Kedah farmer Abdul Rashid Yob to Malaysiakini Our harvesting schedule is all over...
Dr M Govt Using Law As A Means To Threaten

Dr M Govt Using Law As A Means To Threaten

papar berkaitan - pada 18/4/2024 - jumlah : 88 hits
FORMER premier Tun Dr Mahathir Mohamad said the government is using the law no as a means to protect the people but to threaten them In a post on X Dr Mahathir said the government has simply stated that failure to comply with its instructio...
Dr Wee Attends Unity Govt Secretariat Meeting And Hari Raya Dinner

Dr Wee Attends Unity Govt Secretariat Meeting And Hari Raya Dinner

papar berkaitan - pada 18/4/2024 - jumlah : 123 hits
PETALING JAYA Unity government leaders attended a special Hari Raya Aidilfitri dinner before attending a special secretariat meeting Today I attended the unity government secretariat meeting chaired by Prime Minister Datuk Seri Anwar Ibrahi...
Clarify Public Business Concerns About E Invoicing Govt Told

Clarify Public Business Concerns About E Invoicing Govt Told

papar berkaitan - pada 18/4/2024 - jumlah : 87 hits
AN MCA leader has urged the government to clarify the recent implementation of the e Invoice initiative by the Inland Revenue Board saying the implementation has raised various concerns among the general public and SMEs MCA vice president D...
Mma President Says Malaysia Losing Its Nurses To Overseas Offers Urges Govt To Improve Welfare To Reclaim Brain Drain

Mma President Says Malaysia Losing Its Nurses To Overseas Offers Urges Govt To Improve Welfare To Reclaim Brain Drain

papar berkaitan - pada 15/4/2024 - jumlah : 125 hits
Dr Azizan claimed workplace pressure and low wages to be among the factors behind the increasing nurse vacancies in Malaysian public health facilities Bernama picKUALA LUMPUR April 15 Malaysian Medical Association president Dr Azizan Abdul ...
Special Govt Meeting Tonight On Middle East Conflict Anwar

Special Govt Meeting Tonight On Middle East Conflict Anwar

papar berkaitan - pada 15/4/2024 - jumlah : 71 hits
A special government meeting this evening following Iran s retaliatory attack on Israel is ongoing The meeting was scheduled to start at 6pm Prime Minister Anwar Ibrahim said the meeting involving relevant ministers and ministry officials i...
Govt To Create Agency To Oversee Points Of Entry Says Fahmi

Govt To Create Agency To Oversee Points Of Entry Says Fahmi

papar berkaitan - pada 18/4/2024 - jumlah : 101 hits
Government spokesman Fahmi Fadzil said security at the nation s points of entry remained a priority PETALING JAYA The government will draft a new bill to enhance security at all entry points in the country including establishing a coordinat...
Middle East Conflict Minimal Impact Here Govt Monitoring Situation Pm

Middle East Conflict Minimal Impact Here Govt Monitoring Situation Pm

papar berkaitan - pada 16/4/2024 - jumlah : 107 hits
Prime Minister Anwar Ibrahim today assured the impact of the ongoing Middle East conflict on the Malaysian economy has been minimal thus far He noted that the opening of FTSE Bursa Malaysia KLCI the benchmark index of Malaysia s stock excha...
Unity Govt Won T Tolerate Actions That Can Jeopardise Harmony Asyraf

Unity Govt Won T Tolerate Actions That Can Jeopardise Harmony Asyraf

papar berkaitan - pada 18/4/2024 - jumlah : 88 hits
The Unity Government Leadership Consultative Council meeting agreed that the government must act firmly and not compromise against extreme actions that can jeopardise the country s stability Unity Government Secretariat chief Asyraf Wajdi D...
Traders Still Hesitant To Use Local Currencies Despite Benefits

Senarai Biasiswa Lepasan Spm Zakat Bantuan Ipt 2024

Effortless Rewards Samsung Wallet Makes Every Purchase Count On The Affordable Galaxy A15 That Starts From Rm999

Richiamo Coffee Pengganti Zus Terpaksa Beralih Arah

Voices Of Galaxy Meet The Para Sprinter Helping The Next Generation Navigate The Road Ahead

Jagung Mozarella Confirm Tarik

Asia Mobiliti Govt Must Enact Procurement Reforms

Amk Perlu Seorang Ketua Ada Fikrah



5 Kaedah Menulis Mesej Yang Sebenarnya Annoying Untuk Dibaca

Biodata Dan Umur Pelakon Muntazar Ghufran Adik Firdaus Ghufran Yang Bertunang Dengan Saidah Kamarudin

Benarkah Kena Hujan Menyebabkan Kita Jatuh Sakit

Info Dan Sinopsis Drama Berepisod Khilaf Yang Tertulis Slot Samarinda TV3

5 Projek Filem Aneh Hasil Karya Pengarah Filem Terkenal Hollywood


Google I O 2024 Diwarnai Pengumuman Beragam Produk Baru

Profil Fahri Amhar Penulis Kronologi Sejarah Palestina

Suplemen Untuk Slipped Disc

Kt043 Mak Abah Menunaikan Haji Ke 2

Wnba Stats Roundup Top Performances And Game Changing Moments

Unlocking The Secrets Of Diagnostic Muscle Testing For Health Optimization