, Rafizi was responding to a question posted to him in the Dewan Rakyat on the engagement with stakeholders on targeted subsidies in 2024 and the type of targeted subsidies to be implemented.
The first mechanism will be based on individual net disposable income, which is the amount left over after taxes. Meanwhile, the second mechanism will be based on net disposable household income through social protection or assistance schemes. The third mechanism will be a combination of household and individual earnings, which will be implemented using a subsidies card. Rafizi pointed out that the targeted subsidies programme is expected to be implemented after theand follow-up plans. These include communication, engagement and support plans to alleviate the burden of the people which will be coordinated by the entire government machinery,” he said.
The target subsidies programme will only involve Peninsular Malaysia, as revealed by prime minister Datuk Seri Anwar Ibrahim at the start of this month, who added thatOriginating from the corporate world with a background in finance and economics, Gerard’s strong love for cars led him to take the plunge into the automotive media industry. It was only then did he realise that there are more things to a car than just horsepower count.
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