Selangor Journal
Prime Minister Datuk Seri Anwar Ibrahim speaks during the tabling of the 12th Malaysia Plan 2021-2025 Mid-Term Review, at the Dewan Rakyat in Parliament, Kuala Lumpur, on September 11, 2023. — Picture by AFIQ HAMBALI/PRIME MINISTER’S OFFICE OF MALAYSIA

Targeted subsidy expected to begin in 2024

KUALA LUMPUR, Sept 11 — The targeted subsidy programme is expected to be fully implemented beginning next year, said Economy Minister Rafizi Ramli.

He said this time frame was based on the scheduled launch of the Main Data Base System (Padu) this November before it is opened to the public for verification of their socioeconomic status in January next year.

“Whether the mechanism is to be cash transfer or card issuance will be decided from time to time because the priority now is to ensure there is complete information on the socioeconomic status of every household,” Rafizi said.

He was speaking at a press conference after the tabling of the 12th Malaysia Plan Mid-Term Review (12MP MTR) by Prime Minister Datuk Seri Anwar Ibrahim in the Dewan Rakyat today.

On May 15 this year, Anwar, who is also Finance Minister, agreed to establish Padu to integrate the socioeconomic information of every household in the country to streamline the implementation of targeted subsidies.

He said the system will help the government to ensure that subsidy programmes would be implemented in a more orderly manner, to prevent any eligible household from being left out.

— Bernama

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