Germany to subsidise electric bills with 12.7 billion euro grid fee payment, sources say
The intervention could stabilise the fees, sources say, which otherwise were set to jump given runaway wholesale power prices and rising operational costs for the transmission grid companies.
Electricity tariff subsidies to cost govt RM6.51 billion this year
Future electricity tariff decisions will be based on the imbalance cost past through mechanism which depends on the price of fuel at the global level.
National Recovery Council calls for targeted subsidy system
This is to ensure that only those truly in need benefit from such initiatives, it says.
Bottled cooking oil subsidies on the agenda at Dewan Rakyat
Questions will also be raised on so-called doctors selling cosmetics on social media and measures to ensure that first home buyers are not bogged down with bank loan repayment charges due to stalled projects.
Cost-saving measures won't affect national security, PM assures
Ismail Sabri Yaakob says security will remain a national priority.
Targeted subsidy mechanism in the works, says PM Ismail
He says efforts are underway to ensure that the allocations set aside for the deserving groups are not arbitrarily enjoyed by irresponsible parties.
Putrajaya shifts to austerity drive to cope with rising subsidies
Cutbacks on government programmes and limits on civil service allowances are among the measures laid out.
The weight of the subsidy system on public universities
While government subsidies keep tuition fees low at public varsities, this could have a knock-on effect on other matters.
Subsidies may touch RM71 billion in 2022, inflation contained, says Tengku Zafrul
He says the higher subsidies have resulted in a lower core inflation rate of 2.3%.
China to scrap subsidies for electric vehicles
Authorities say the strength of sales in the sector means state support is no longer needed.
Nearly 100,000 laid off since January
These include highly skilled workers who had earned RM4,000 and above each month.
RM28 billion for subsidies, aid and incentives in Budget 2021
Government says the increase in amount from the last budget took into account the heightened need for assistance.