bt@nst.com.my Malaysia is moving forward with targeted subsidy reforms that are designed to save billions of ringgit a year, said Deputy Finance Minister 1 Datuk Seri Ahmad Maslan. He reiterated that the implementation framework for targeted subsidies is currently 75 per cent complete. Ahmad Maslan said that the framework for subsidy restructuring may be revealed this year when the 2024 Budget is presented. "One key challenge will be to formulate a foolproof and effective subsidy mechanism.
