KUALA LUMPUR, Oct 28 (Bernama) -- The success of government subsidies and cash assistance should be measured not merely by allocations or the number of recipients, but by their effectiveness as temporary financial buffers while helping recipients raise their incomes and achieve long-term financial independence.
Business : Subsidies, Cash Aid As Temporary Buffers Must Lead To Financial Independence - Experts
Buget 2027, subsidy, STR, SARA, temporary finan
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Key takeaways
Experts say subsidies and cash aid should help recipients gain financial independence through skills and jobs, not just provide temporary support.
- Success of aid should be measured by income improvement and employment stability, not just numbers.
- Skills training, jobs, and microfinancing are needed to reduce dependence on aid.
- Budget 2027 includes funds for cash aid, grants, and microfinancing to support long-term economic empowerment.
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- Bernama Business : Subsidies, Cash Aid As Temporary Buffers Must Lead To Financial Independence - Experts (this story)
