Economists propose Universal Basic Income, targeted subsidies to Anwar

Economists propose Universal Basic Income, targeted subsidies to Anwar

Economists propose Universal Basic Income, targeted subsidies to Anwar

Prime Minister Anwar Ibrahim’s bid to tackle high living costs ought to include the implementation of a universal basic income (UBI) scheme rather than a one-off financial aid.

Other economists are of the opinion that Anwar’s unity government should continue to support the people by providing subsidies but in a more targeted and effective manner.Speaking to Malaysiakini, economics professor Geoffrey Williams from the Malaysia University of Science and Technology said the Bantuan Keluarga Malaysia financial aid, which was given out by the previous administration led by Ismail Sabri Yaakob, should be […]

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