Hamzah Urges Government to Postpone Targeted RON95 Subsidies Amid US Tariff Concerns
KUALA LUMPUR: In a recent statement, Opposition leader Hamzah Zainudin (PN-Larut) has called upon the government to reconsider the implementation timeline of its fiscal policy changes, particularly the targeted RON95 subsidies. This appeal comes in light of the newly imposed US tariffs, which are expected to have a significant impact on the economy. Hamzah's proposal suggests that delaying these changes could help mitigate potential economic shocks and provide a more stable environment for businesses and consumers alike. By postponing the targeted subsidies, the government may be able to reassess the situation and make more informed decisions regarding fiscal policy. This move could also help to reduce the burden on low-income households and small businesses, who are often disproportionately affected by changes in fuel prices and trade policies. As the government navigates these complex economic issues, it is essential to consider the potential consequences of its decisions on the broader economy, including the impact of fuel subsidies, trade tariffs, and economic growth.