Gov't: Hikes and subsidy cuts good for you
- 9 years ago
The Malaysian government says the recent tariff and rate hikes and slashing of subsidies are good for the economy and therefore good for the people.
The government says while in the short-term the price increases and subsidy cuts would be unpopular, the measures are absolutely necessary to maintain investor confidence in the country.
The government says while in the short-term the price increases and subsidy cuts would be unpopular, the measures are absolutely necessary to maintain investor confidence in the country.