For the most parts, the point of having a stimulus is to encourage spending, especially domestically. Someone’s spending is someone else’s income. This is a corollary to the necessacity of a stimulus being timely in order to be effective. The Ministry of Finance under Lim Guan Eng has been working on all of the measures, […]

I rarely agree with Rafizi Ramli on policy matters. His advocacy for free tertiary education is an example; I think there has to be cost to education and if help is required, it has to be selective based on needs, not through blanket means which can have disastrous effect on public finances. His suggestion for the auctioning […]

In spite of opposition that saw the streets of Kuala Lumpur filled with pro-fuel subsidy groups during the Abdullah administration, efforts to liberalize the fuel subsidy regime have gone a long way. Several arguments, including one that criticizes the untargeted and blanket nature of the policy have gained tremendous traction. The fact that it benefits […]