Targeted Fuel Subsidies Off The Mark

Dr. Geoffrey Williams , Economist, Malaysia University of Science and Technology

24-May-22 07:45

Pause
Embed

The Malaysian government is expected to spend RM28 billion on fuel subsidies this year due to rising crude oil prices, compared to RM11 billion the previous year. In light of this, the government is mulling a proposal to impose targeted fuel subsidies for lower-income groups. Can an effective targeted subsidy mechanism be implemented, and what would this look like? We discuss with economist Dr. Geoffrey Williams.

Image Credit: shutterstock.com

Produced by: Sim Wie Boon

Presented by: Shazana Mokhtar, Philip See, Tan Chen Li

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: economy, government

Tags: fuel prices, crude oil, ron97, ron95, inflation,

Today’s Shows

11:00 AM

Best of Enterprise

(REPEAT) Is Kwai Chai Hong preserving heritage, or curating it for a modern audience? Its Co-Founder, Zeen Chang discusses the fine line between community and commodity.

12:00 PM

Popcorn Culture

(REPEAT) The team reviews Good Luck, Have Fun, Don't Die & Wuthering Heights on this episode of Popcorn Culture!

1:00 PM

Cruise Control

(REPEAT) Are Malaysians switching to EVs at an acceptable rate? We unpack where we are in this week's episode.

2:00 PM

Matt-Splained

(REPEAT) Instead of talking about equitable societies, AI has once again decided we have to revert to the ‘world in peril’ format. Richard and Matt try to make sense of it all. Again.

3:00 PM

Earth Matters

(REPEAT) We speak with Lanuza Layon, Chairperson of the Kampung Sungai Kurau Village Development and Security Committee, and Sarah Amer, a Community Organiser from Gerimis Art Project, about the broader struggle for Orang Asli land rights in Malaysia.

4:00 PM

Bar None

(REPEAT) We discuss the latest changes made to BWF's tournaments and competitions, set to take place from 2027 onwards.

5:00 PM

BBC World Service

Datshiane Navanayagam talks to two women whose life changing illnesses led them to set up new businesses after they discovered high street clothes are uncomfortable and difficult to wear when you have restricted mobility or medical needs.

PROGRAMMES