As everyone likely knows, the government has long talked about phasing out the current blanket subsidy system in place of targeted fuel subsidies. While there was no specific mention of it in the tabling of Budget 2024 last week, it has previously been suggested that the government was expecting to implement its targeted subsidy programme early next year.
Whether this remains on track has yet to be confirmed, but the talk about a mechanism for it continues. Prime minister Datuk Seri Anwar Ibrahim says that the government is considering providing subsidies to the people through cash transfer. This, he told the Dewan Rakyat, would help prevent leakage, as Bernama reports.
“This (cash transfer) approach has been considered in several issues, and we will announce this more extensively later,” he said during the minister’s question time in parliament yesterday. He said this in reply to a question from Datuk Mohd Shahar Abdullah (BN-Paya Besar), who wanted to know whether the government is planning to provide subsidies directly to the rakyat through cash transfer.
However, Anwar, who is also finance minister, said that the cash transfer would not be implemented for all subsidies, but only for specific ones. He did not detail which subsidies would involve cash transfers.
Malaysia has not revealed the mechanism it will use to dispense targeted subsidies. Last month, deputy finance minister Steven Sim said the government is exploring various mechanisms, including using the MySejahtera application for the purpose. Aside from cash transfer, the elements being studied also include a card system.
The upcoming Pangkalan Data Utama (PADU) socio-economic database will help determine who gets subsidies, and who will not. Previously, it was reported that the government would begin its targeted fuel subsidy with diesel, and this was reiterated in Budget 2024, with the announcement that diesel subsidies would be rationalised in phases.
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This is probably a better option than determining who qualifies and who doesn’t at the point of payment of fuel, because it shifts the burden to the government instead of relying on petrol station operators. It also reduces the likelihood of T20 asking B40 to pump petrol for T20’s cars and paying them like RM5 or something.
Cash transfer bantuan is a better option..for example,just tambah say 300-400 bucks monthly for petrol for B40 and M40.No need special ID card to pump petrol.
The problem is Rafizi n Co PADU system already involved expenditure of few hundred juta RM..and if his new data landed in wrong hands,people could be targets of kidnappers or bandits.
It was ‘reported’ that his grand idea of nasi lemak vending machines already involved 3/4 billion RM.
The only problem with cash bantuan is how much germen is ready to transfer cash if the price of petrol is based on USD120/barrel..due to the explosive war in Gaza if shipping lanes r blocked or mined at the Straits of Hormuz?
Nasi lemak vending machine?
I WILL NEVER BUY FROM SUCH A MACHINE AS WE DO NOT KNOW WHO WILL BE GIVEN THE TENDER TO PUT THE NASILEMAK IN THE MACHINER.
THESE *MFs* COULD BE USING FAKE PLASTIC RICE IN THE NASI LEMAK.
I rather buy nasi lemak from the makchiks who sell it beside the road or at the market or in the stall!!
Yeah its called; BRIM. No duh, tenkiu PM Najib for this bright idea.
Better.
1 price tag for all just like any other developed countries.
B40 boleh dapat capped cash back, transfer.
Just increase brim handout and float petrol prices in staggered phases. This doesn’t require special mechanism that cost further millions of RM to enrich certain crony companies.
when u give the B40s cash transfer, with their poor financial management, the cash will be use for something else like buying handphone and they will still come back and tell you that the money is not enough.
This is not true. Just 2 months ago a study was conducted among the very poor in Canada. The results showed that poor people, when given govt cash/handouts tend to save most of that money and use it for daily essentials rather than spend it on luxury items.
We don’t have the same data for MY but I don’t think it’s fair to say that B40 will spend it on handphones.
That’s in Canada… In Malaysia, the culture is “biar papa, asalkan bergaya”.
Joker. Did you just said Canada?
And breed any 10 b40 and the cycle continues…
why not just use e-wallet like before…tng e-wallet transfer much easier
You give cash to this group of people, not that they will buy more food to feed the children. They will use it to change sport rim or lower the spring. They will still whine “Rakyat tengah susah” on Pengeluaran KWSP fb page. And more importantly, they still will not vote for you.
takpela. Kerajaan perpaduan PHBN berjiwa besar
Well said…
Anwar had open houses in Kedah, Kelantan and Terengganu and the people still voted for the dump pas pis pus
mostly B40 who dont own any cars get petrol tongkat?
I’m wondering if all B40 gets it or B40 that drive car/motorbike gets it?
Since starting February until today l have no working, EPF in my account is only Rm102 balance whatever bantuan giving my is rejected..
Giving cash is the most ineffective form of all subsidies, in my opinion, for Malaysian.
Most get the money, spent it in a day or two, and they continue to feel poor in the remaining days of the year.
Average Malaysian do not have a strong fundamental of financial management. Admit it.
Keep the cash for public transport infrastructure and improving zoning laws. Make it even cheaper to live by not needing to own a vehicle to commute. Simple as.
Sememangnya T20 juga berhak sebab mereka pembayar cukai. Malaysia for Malaysian. Semua berhak menerima faedah daripada kerajaan. Menarik subsidi daripada mereka ibarat mencuri dari yang kaya untuk diberikan kepada yang susah.