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Malaysia PM Anwar eyes targeted subsidies for low-income groups

Source: Reuters

KUALA LUMPUR, Nov 27 (Reuters) - Malaysia is reviewing its government subsidies programme, aiming to direct money toward low-income groups, Prime Minister Anwar Ibrahim said on Sunday, prioritising the rising cost of living as he takes office at a time of slowing growth.Government agencies have two weeks to review the implications of narrowing the subsidies, he told a news conference.Malaysia offers subsidies to…

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