tag:blogger.com,1999:blog-6297413898275266606.post2253940594888560897..comments2024-03-27T18:15:59.096+08:00Comments on Economics Malaysia: Abolishing Fuel Subsidies: Lessons From Indonesiahishamhhttp://www.blogger.com/profile/06265308095732759923noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-6297413898275266606.post-37735307616555266612014-08-22T18:19:28.873+08:002014-08-22T18:19:28.873+08:00The MACC have advised against giving diesel and pe...The MACC have advised against giving diesel and petrol subsidies at the pump. It is just an indirect way of robbing cash at the fuel pumps by crime syndicates. How much have been lost at ATM robbery? Just a few measly milion. How much have been lost at petrol pumps. 15 billions per year!<br />Our diesel are sold as unbranded diesel in Singapore. Singaporean Chinese shake their car boots or jack Crime Syndicates behind Diesel robberynoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-31379911756053375882014-08-22T18:08:29.608+08:002014-08-22T18:08:29.608+08:00"No offense to the poor but the less-educated..."No offense to the poor but the less-educated may not be spending cash in the right places to improve their situation (e.g. education vs entertainment)"<br /><br />Oh yeah so you consider yourself well educated to decide how you should spend your time. Is entertainment bad? If you entertain yourself with reading the Economist would that be a waste of subsidies? <br />You dont seem too No offense intendednoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-58033210944549874662014-08-22T18:03:50.231+08:002014-08-22T18:03:50.231+08:00"How would people feel if the transfers were ..."How would people feel if the transfers were made conditional on religious practice or somesuch? Better to just trust people"<br /><br />I must say this is very very very good point. Never thought of it that way. Blogs open your mind hehe...<br /><br />Beside the conditions will surely be based on narrow business interest of some cronies.. force them to buy my products books, rice, or Subsidenoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-5849307215084660582014-08-22T17:57:04.627+08:002014-08-22T17:57:04.627+08:00Poor fella...maybe he is too rich to know the deta...Poor fella...maybe he is too rich to know the details about BR1M. Its now automatic la..kesiankesiannoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-53239744171698978392014-08-20T17:38:06.156+08:002014-08-20T17:38:06.156+08:00Replacing subsidies with "social transfers&qu...Replacing subsidies with "social transfers" is a really good idea. <br /><br />However replacing one type of conditionality (fuel consumption) with another like Bolsa Família does (children must attend school) is not such a good idea, in my opinion.<br /><br />Of course some will spend their dividend unwisely, but the proportion that is misspent is probably no more than the amount of Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-3401219685198174622014-08-18T22:55:11.184+08:002014-08-18T22:55:11.184+08:00Oh yea? I must've been behind the curve. Nice ...Oh yea? I must've been behind the curve. Nice then.__marshttps://www.blogger.com/profile/03711810297204287995noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-53368532760040720012014-08-18T11:58:30.033+08:002014-08-18T11:58:30.033+08:00@Hafiz
Haven't they shifted to direct debit i...@Hafiz<br /><br />Haven't they shifted to direct debit into bank accounts already? I thought they started last year.hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-67858033109703762702014-08-18T11:57:45.861+08:002014-08-18T11:57:45.861+08:00@roger,
Many others have made that point, both in...@roger,<br /><br />Many others have made that point, both in public and in private. We'll see if anybody is listeninghishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-10770541856275436952014-08-18T11:56:57.214+08:002014-08-18T11:56:57.214+08:00@Mohamed
Unfortunately, "rocket science"...@Mohamed<br /><br />Unfortunately, "rocket science" policies will tend to leak a lot.hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-13145434140415536402014-08-16T11:56:11.811+08:002014-08-16T11:56:11.811+08:00Needless to say, I support cash transfer vs subsid...Needless to say, I support cash transfer vs subsidy.<br /><br />You should check this out if you haven't :http://www.nytimes.com/2014/08/16/world/asia/modi-promises-bank-accounts-for-all-families-in-india.html?smid=tw-share<br /><br />It's Modi wanting to have all Indians to own a bank account.<br /><br />This is probably something worth emulating, regardless whether India would succeed __marshttps://www.blogger.com/profile/03711810297204287995noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-12717098301047139802014-08-14T13:53:11.089+08:002014-08-14T13:53:11.089+08:00Supportive of the cash transfer proposal but I wou...Supportive of the cash transfer proposal but I would take it further and make the cash transfers conditional like bolsa familia in Brazil. No offense to the poor but the less-educated may not be spending cash in the right places to improve their situation (e.g. education vs entertainment)roger dodgerhttp://roger.dodger.comnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-72790169232775378882014-08-14T12:06:27.085+08:002014-08-14T12:06:27.085+08:00Not some politician, it should be all politicians!...Not some politician, it should be all politicians! And all over the world too.<br /><br />I fully agreed that this fuel subsidy should be removed once and for all. As well as water as well as a lot of things. But we are all human and need to be loved, so subsidies will be here I guess for ever, like it or not.<br /><br />Zuo DeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-85310934701746300062014-08-14T11:31:22.744+08:002014-08-14T11:31:22.744+08:00Hisham,
But giving and taking out subsidies have ...Hisham,<br /><br />But giving and taking out subsidies have a direct impact on political sentiments. That's why most politician didn't have the political will to abolish subsidies.<br /><br />So, they will come out with rocket-science approach of distributing subsidies (which includes the income-based quota approach). This will at least sort of reducing Government burden giving broad Anonymousnoreply@blogger.com