00:00U.S., the United Kingdom, and Europe have long been in the middle of a subsidy-based
00:06development, according to economic analysts.
00:09Ahmed Razman Abdul Latif from Putra Business School said the system could help reduce
00:16pollution, waste, and corruption in the distribution of goods to the people, as well as prevent
00:23pollution at the border.
00:25He added that Indonesian President Prabowo Subianto's administration has also considered
00:32the basis for giving subsidies to the rich to be stopped, just as Prime Minister Anwar Ibrahim
00:39has emphasized.
00:40However, Razman said Malaysia needs to take a different approach to the introduction of
00:45new loans, compared to developed countries that relieve the burden by raising income
00:50loans and corporate loans.
00:53Meanwhile, Abu Sufian Yaakob from the University of Malaysia-Kelantan asked the government
00:58to immediately draft guidelines for targeted subsidy implementation, so that a truly
01:04effective group can be prepared earlier.
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