Business : Targeted Subsidies A More Realistic Approach For Tackling Rising Cost Of Living -- Treasury Sec-Gen

By Mohd Iswandi Kasan Anuar and Nor Baizura Basri PUTRAJAYA, Jan 17 (Bernama) -- Despite the view that subsidies are inefficient and prices of basic necessities should be determined by market forces, the MADANI Government has chosen a more realistic approach by providing targeted subsidies to help households cope with cost-of-living pressures.