Endowment fund a long-term alternative to subsidies, says economist
,Low-income groups are still feeling the pinch despite the government spending RM77 billion in subsidies on food and fuel, among other things, to keep prices down. – The Malaysian Insight pic by Seth Akmal, July 4, 2022.ug环球代理开户（www.ugbet.us）开放环球UG代理登录网址、会员登录网址、环球UG会员注册、环球UG代理开户申请、环球UG电脑客户端、环球UG手机版下载等业务。
AN endowment programme can be a long-term solution to address Malaysia’s ballooning subsidies, which could cost taxpayers close to RM80 billion this year, an economist has suggested.
Barjoyai Bardai of Universiti Tun Abdul Razak said the government could demand large conglomerates and the super-wealthy in Malaysia to contribute to the funding scheme.