Be consistent with subsidy plans or risk eroding investor confidence, says Shahril

Free Malaysia Today

The ex-Umno information chief says the economy minister said targeted subsidies will happen, but the prime minister has remained vague about the timing.  Read More:  https://www.freemalaysiatoday.com/category/nation/2024/05/17/be-consistent-on-subsidies-or-it-will-hurt-investor-confidence-says-shahril/   Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------ Check us out at https://www.freemalaysiatoday.com Follow FMT on Facebook: https://bit.ly/49JJoo5 Follow FMT on Dailymotion: https://bit.ly/2WGITHM Follow FMT on X: https://bit.ly/48zARSW  Follow FMT on Instagram: https://bit.ly/48Cq76h Follow FMT on TikTok : https://bit.ly/3uKuQFp Follow FMT Berita on TikTok: https://bit.ly/48vpnQG  Follow FMT Telegram - https://bit.ly/42VyzMX Follow FMT LinkedIn - https://bit.ly/42YytEb Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj Follow FMT on WhatsApp: https://bit.ly/49GMbxW  ------------------------------------------------------------------------------------------------------------------------------------------------------ Download FMT News App: Google Play – http://bit.ly/2YSuV46 App Store – https://apple.co/2HNH7gZ Huawei AppGallery - https://bit.ly/2D2OpNP  #FMTNews #ShahrilHamdan #KhairyJamaluddin #Diesel

Transcript

00:00 "The government's mixed messages when it comes to plans for targeted fuel subsidies

00:06 will undermine investor confidence," says former UMNO Information Chief, Shahril Hamdan.

00:12 Shahril said conflicting messages about the government's economic management can unsettle

00:16 investors.

00:17 "On the night of the president's inauguration, the Minister of Economy gave a picture, more

00:22 than a picture.

00:23 He went to roll out, he has a meeting.

00:24 And I think the reality of the time of the day, he said it will happen.

00:28 When the PM, his boss, went to the international forum, the message was that the contra happened."

00:35 Podcast co-host Khairi Jamaluddin echoed this sentiment, saying that Anwar should not be

00:40 cagey about targeted subsidies since Rafizi had already signalled the market about the

00:45 planned sequence, starting with diesel and then petrol.

00:48 "It doesn't have to be said when specifically, but it can be said, it can be reiterated, it

00:54 can be reiterated that it will be done this year, or it will be done as late as possible

01:01 in the fourth quarter of this year to indicate that it's coming."

01:05 (dramatic music)

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