13 Jun '18, 12pm

CEP to propose fuel subsidy reforms to PM this week

Member of the Council of Eminent Persons (CEP) Tun Daim Zainuddin has said that a proposal on fuel subsidy reforms will be presented to prime minister Tun Dr Mahathir Mohamad as soon as this week, according to an interview by Bernama . The former finance minister said that the council has conducted over 200 meetings with various heads of agencies, companies and individuals since it was set up a month ago, in order to study issues such as fuel subsidies, the removal of toll charges and the abolition of the goods and services tax (GST) . He added that the CEP has also made numerous meetings with relevant stakeholders to figure out the right way to reform the fuel subsidies before deciding on the proposal. While he declined to elaborate further, he did confirm that the subsidies will be targeted at specific groups . Daim also said that thew council was fully aware of the fina...

Full article: https://paultan.org/2018/06/13/cep-to-propose-fuel-subsid...

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