Search results for Subsidy Reform Mechanism

Why Subsidy Removal Is Not a Cash Windfall for Nigeria’s Economy- Tanimu Yakubu

Nigeria’s ongoing fiscal reforms are reshaping how government finances are understood, with officials pushing back against the idea that subsidy removal automatically creates exces...

Fuel subsidy mechanism must go beyond income tiers, account for living costs, says Akmal Nasrullah

KUALA LUMPUR, May 16 — The implementation of targeted fuel subsidies must take into account reasonable household l...

DPM: Subsidy policies will be data-driven, no sudden shock changes expected

KUALA LUMPUR, April 21 — The government will not introduce abrupt or sudden changes to fuel subsidy policies despi...

Gov't launches subsidies review to cut inefficient spending

The Japanese government on Friday requested that ministries and agencies conduct a self-examination of special tax-relaxing measures and subsidies based on opinions solicited from...

Ministry releases subsidy eligibility

Prime minister orders finance ministry to review diesel subsidy using mechanism similar to Budi95

Malaysian prime minister Datuk Seri Anwar Ibrahim has directed the ministry of finance to review the mechanism for targeted diesel subsidies using a mechanism similar to that for t...

World Bank: Malaysia’s BUDI95 fuel reform ‘step in the right direction’

KUALA LUMPUR, April 9 — Malaysia’s targeted fuel subsidy reform under BUDI Madani RON95 (BUDI95) is a step i...

Asian governments turn to subsidies to cushion energy crisis pain

Nigeria’s Fuel Subsidy Removal: Promised Relief, Rising Debt, and Unanswered Questions

The removal of fuel subsidy in Nigeria in 2023 was introduced as one of the most significant economic reforms in recent history. The Federal Government justified the policy as a ne...

Redirect fuel subsidies from T20 to B40 and M40, Umno Youth chief tells govt

KUALA LUMPUR, May 9 — The government is urged to implement targeted subsidies more comprehensively, including revi...

Rechannel RON95 subsidies to diesel, proposes MIER

The Malaysian Institute of Economic Research (MIER) has proposed in a statement yesterday that RON 95 petrol subsidies be gradually reduced and the savings redirected to diesel sub...

Who Will Get Electricity Subsidy After 2027? Government Announces Major Policy Shift

The federal government is preparing a major overhaul of Pakistan’s electricity subsidy system, under which the long-standing blanket subsidy for consumers using up to 200 units per...

Cabinet studying implementation of a diesel subsidy mechanism similar to that for Budi95 – Fahmi Fadzil

The government is currently studying the implementation of a diesel subsidy using a mechanism similar to that for Budi Madani RON 95 (Budi95) scheme for petrol, said communications...

Fuel subsidies for the rich unfair, those who can afford the full price should pay the market rate – Nik Nazmi

While the switch from a blanket petrol subsidy approach to a targeted one under the Budi Madani RON 95 (Budi95) scheme has reduced leakages and trimmed Malaysia’s expenditure on fu...

Pakistan assures IMF to withdraw untargeted power subsidies in January

Agrees subsidies only through BISP; move would impact residential consumers using up to 300 units monthly

Government expands diesel subsidy scheme to jeeps and pickups nationwide from June 1

KUNDASANG, May 23 — The government has agreed to enhance the mechanism for implementing diesel subsidy distributio...

IMF allows Rs830b power subsidies

Sanctions Rs300b for theft, bill recovery but imposes condition to raise tariffs in Jan'27

Subsidy removal not a Windfall – FG

The Director-General of the Budget Office of the Federation, Tanimu Yakubu, has dismissed claims that subsidy removal automatically generates surplus revenue for government spendin...

Reforms slash agricultural production costs

POLITICAL EDITOR THE government has approved sweeping reforms to the agriculture sector to improve the ease of doing business and strengthen national... To access this c...

Reforms slash agricultural production costs

POLITICAL EDITOR THE government has approved sweeping reforms to the agriculture sector to improve the ease of doing business and strengthen national... To access this c...

Putrajaya weighs RON95 subsidy cuts, admits tough call on who should lose aid

 PUTRAJAYA, May 11 — The government has acknowledged the difficulty in determining which Malaysians should be...

Explainer: Changes to fuel tax and subsidies

The government has announced a range of fuel-related measures to help farmers and workers in related areas. Agriland has reviewed the guide to the new reductions and support scheme...

‘Don’t turn middle class into govt’s ATM’, Kepong MP tells Putrajaya over RON95 subsidy reform

  KUALA LUMPUR, May 12 — Kepong MP Lim Lip Eng today urged the government to fully explain its proposed...

Nigeria won’t return to subsidy, price controls — Finance minister

The finance minister says Nigeria will sustain market-driven reforms and avoid policies that distort the economy following engagements with global investors. The post Nigeria won’t...