Over RM55bil spent on subsidies
PUTRAJAYA spent RM55.443bil on subsidies in 2022, which is an increase of 322.1% (RM42.309bil) compared to 2021, where subsidies cost RM13.134bil.
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PUTRAJAYA spent RM55.443bil on subsidies in 2022, which is an increase of 322.1% (RM42.309bil) compared to 2021, where subsidies cost RM13.134bil.
PETALING JAYA: With two key figures behind the multi-billion ringgit 1Malaysia Development Bhd (1MDB) scandal now in custody, the hunt is on for five more.
THERE has been a loud clamouring for the return of the goods and services tax (GST) and the immediate removal of all forms of subsidy so as to balance the books and to reduce the government’s debts.
KUALA LUMPUR: Bukit Aman is waiting for the decision from the Attorney General's Chambers (AGC) should former 1Malaysia Development Bhd (1MDB) lawyer Jasmine Loo be prosecuted.
Petronas remained the biggest contributor of dividends to the government, providing RM50 billion in 2022 compared to RM25 billion in 2021. (Scoop) - The government has allocated RM17.064 billion for the repayment of loans linked to 1Malaysia Development Bhd (1MDB) in 2022, marking a sizable increas