Malaysian PM to use targeted subsidies to address high cost of living

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Malaysian PM to use targeted subsidies to address high cost of living

STORY: Malaysian PM to use targeted subsidies to address high cost of living DATELINE: Nov. 27, 2022 LENGTH: 00:02:42 LOCATION: Kuala Lumpur CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. various of Malaysian Prime Minister Anwar Ibrahim chairing a special meeting 2. various of media practitioners at work 3. various of Anwar Ibrahim attending a press conference at Prime Minister office 4. various of Malaysia's national flag and Prime Minister office building STORYLINE: Malaysian Prime Minister Anwar Ibrahim announced on Sunday that his government will review its use of subsidies to better help those most in need. The previous approach of broad subsidies has not been able to effectively address the cost of living problems, especially among low-income and poor Malaysians, he told a press conference after chairing a special meeting by the national action council on the cost of living with government departments and agencies. "I will give two weeks (to the relevant bodies) to evaluate all the implications of target

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