BANGI, Oct 23 (Bernama) -- Malaysia should use data and analytics to improve subsidy targeting based on household needs, helping those most in need while maintaining fiscal sustainability.
Business : Use Data And Analytics To Improve Subsidy Targeting Based On Household Needs -- Experts
Subsidy, Noor Azlan Ghazali, Mohd Afzanizam Abdul
Key takeaways
Malaysian experts recommend using data analytics to refine subsidy targeting based on specific household needs, aiming to enhance fiscal sustainability. This approach seeks to replace broad assistance with precise support for those most in need.
- MINDA-UKM director suggests data analytics can help target subsidies to specific household requirements.
- Precise targeting aims to reduce government expenditure while ensuring aid reaches those most in need.
- Bank Muamalat economist noted the third sector can complement government efforts in improving community well-being.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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- Bernama Business : Use Data And Analytics To Improve Subsidy Targeting Based On Household Needs -- Experts (this story)
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