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Wrestling with the subsidy pain
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Brendan Pereira
New Straits Times
05-08-2005
Wrestling with the subsidy pain
Byline: Brendan Pereira
Edition: New Sunday Times
Column: Plain talk
BITE the bullet. Over the past few days, 25 million Malaysians have been
told to accept the reality that they will have to pay more for petrol,
medical services and other services currently being heavily subsidised by
the Government.
The argument is rooted in Economics 101 - demand and supply.
There will never be enough money in government coffers to fund
development, improve infrastructure, educate top students at top
universities abroad and ...
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